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PayItSimple USA Inc. Installment Payment Solution Available for Magento Merchants

Ground-breaking installment payment solution now available for turnkey integration via new Magento plugin


News provided by

PayItSimple

Jan 20, 2015, 08:00 ET

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NEW YORK, January 20, 2015 /PRNewswire/ --

PayItSimple announced today the release of a new free plugin for the popular open-source eCommerce platform Magento. The new plugin, PayItSimple Installment Payment, allows ecommerce merchants to add an additional payment method to their checkout process.

The PayItSimple plugin enables merchants to offer secure consumer credit using the consumer's existing credit card, with no greater risk than they have with ordinary credit card transactions.  Installment transactions are automatically scheduled, generated, authorized and collected on the customer's existing credit card via PayItSimple's cloud-based, patent-protected platform.  For merchants, having this additional payment option can mean increased conversion rates, higher average tickets, increased customer satisfaction and reduced barriers to purchase.  Consumers gain instant, interest-free monthly payments, better expense management and no credit applications or qualifications for new credit lines while continuing to enjoy all of their existing card benefits, such as cash back, mileage, points, etc.

The plugin was carefully designed to meet all Magento best development practices and is compatible with all other extensions. This plugin is free of charge.

Links 

http://www.magentocommerce.com/magento-connect/catalog/product/view/id/26617/s/payitsimple-installment-payment-extension-1/ 

About PayItSimple 

PayItSimple is revolutionizing the credit card industry by extending the ability to offer interest-free consumer credit with securitization, just like a regular credit card transaction, to all sizes of merchants/retailers. PayItSimple USA Inc. was founded by veterans of the finance and retail industries.  The PayItSimple product has been patent protected in the United States since 2012.

For more information, please visit http://www.payitsimple.com .

Contact:
Stacy Fassberg
[email protected]
+1-914-294-3507

SOURCE PayItSimple

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