All Pay Later in 1 or 3 monthly instalments transactions are free for you (the supplier) in your first 2 weeks
That means you won’t pay any fees when your customers use Pay Later in 1 or 3 monthly instalments for the first 2 weeks after you sign your seller agreement - even if you set your account to “Free for your customers”. After 2 weeks, the promotion will end and normal fees will apply.
We’ll remove any transactions that apply from your first Seller fee invoice from us for you - so you don’t have to do anything to take advantage of the offer.
My customers pay interest to use iwocaPay - can they benefit from this offer?
No. This offer only applies to seller fees - that means if you set your account to “Free for you” and your customers pay interest to use iwocaPay they’ll still pay interest.
What about Pay Now or Pay Later in 12 month terms transactions?
Pay Now is always free for you and your customers.
This offer doesn’t apply to Pay Later in 12 month terms transactions - that means you’ll pay a fixed % fee for each Pay Later in 12 month terms transaction that happens unless you set your account to “Free for you”.