Introducing Buy Now, Pay Later for Joist Payments with PayPal, giving your clients more flexible payment options.
Buy Now, Pay Later makes it easier for clients to manage larger payments, ensuring you get paid up-front & on-time.
How It Works for your Clients
Clients in the United States with a PayPal account can choose PayPal’s Pay Later option at checkout:
Clients can Pay in 4 or Pay Monthly.
Clients pay no interest or fees for Pay in 4 (when payments are made on time).
Your clients can enjoy a seamless checkout experience with a trusted payment provider.
How It Works for You
Send your client an Estimate or Invoice with Joist Payments enabled.
Client selects the Pay Later option at checkout
Your client signs into their PayPal account and will know instantly if they’re approved.
You get paid up-front – PayPal pays you the full amount immediately (minus fees), while the client pays over time.
Fees & Comparison to standard debit/credit payments.
See a full list of fees here, including the fees for Buy Now, Pay Later.
While the BNPL fee is higher, the benefit is that clients are more likely to approve larger jobs knowing they can pay in installments, and you get cashflow up-front.
How to Offset Fees
To cover the additional cost of BNPL, you can:
Add a Small Markup – Adjust your pricing with the markup feature in the app, to account for the BNPL fee. You can add markup by itself, or in addition to the "Cover Fees" feature in Joist.
Include Fees in Estimates – Plan ahead and build the cost of BNPL into your project from the start.
Get Started Today
Simply enable online payments while editing your estimates & invoices and your customers will see the "Pay Later" option at checkout.
You can also go to the Payments section in the settings of the app to ensure Joist Payments is activated for all newly created documents, going forward.
Offering flexible payment options can help you win more jobs and get paid faster, with no extra waiting.