Automatic currency conversion means retailers can instantly open up their storefronts to US shoppers.
UK retailers offering Clearpay’s buy now, pay later payment options will be able to quickly enable US shoppers with the firm’s cross border offering.
The feature, which is already live for Australian, Canadian and New Zealand merchants, quickly converts prices to Dollars and lets shoppers spend without charging any conversion fees or set-up costs for retailers.
Over 6,000 UK merchant partners will be able to take advantage of the feature, which also comes with Clearpay’s standard four instalment payment plan.
“We’re delivering to our merchant partners new customers who are proven to convert from browsers to buyers at a much higher rate—bringing increased sales, without additional set-up costs or fees,” said Clearpay’s UK country manager Rich Bayer.
“I’m thrilled that merchants in the UK will now have an added opportunity to grow their business just in time for the busy holiday season.”
The transaction is expected to complete in the first quarter of 2022.