Newpay is a digital credit account that offers customers a simple and convenient way to buy what they need today and pay back monthly, over a period that suits them.
Overview
NewPay is an 'always-on' credit account designed to finance purchases of almost any size. The application process is integrated into the existing checkout process, allowing customers to apply while shopping. Buying is simplified and includes numerous credit options to meet customers' financing needs.
What is NewPay?
NewPay enables you to utilise NewPay's digital credit account while providing the option of using NewDay's widgets and the choice of credit lender; this could be NewDay cards or a credit lender of your choice.
The NewPay solution is made up of API products and widgets to enable you to choose which products will provide an enhanced customer journey for your customers. Your choice of credit lender will drive the credit strategy and the features that can be utilised.
Benefits
Exclusive product design
Allowing you to offer custom APRs & instalment plans to customers via a uniquely designed product.
Tailored to your brand
Increasing brand affinity and loyalty by creating a unique product for your customers.
Growing with you
Driving direct revenue through a bespoke commercial arrangement.
Your customers, your journey
Ultimate control over the integration into your customer journeys.
Key features
Instant credit eligibility check
A soft credit check is performed to verify the applicant's eligibility for NewDay products, with an instant response confirming the applicant's acceptance status.
Multiple ways to authenticate customer
Provide customers with various ways to confirm who they are.
Better for customers
One account for all your purchases
Use NewPay to make any purchases large or small, and then just pay the minimum payment every month or more when you can afford it. There is no fixed repayment timeline. Just the monthly minimum or more when you can afford it at your standard interest rate.
Stay in Control
Just one monthly payment to remember, no matter how many purchases you've made. You can choose between several different payment methods. The best way to make payments is by Direct Debit.
Like what you see? Check out our demo store
Our API products
Browse our APIs and view their documentation.
I want to acquire new customers
A seamless onboarding journey for customers applying for credit.
This section provides guidance on how to start building with NewDay i.e. how to integrate with NewDay's various deployment environments, getting access to APIs etc.
