Klipboard Money Launches ‘Buy Now, Pay Later’ and ‘Pay by Bank’ to Customers

September 2026 – Hungerford, UK. Klipboard customers can now offer Buy Now Pay Later and Pay by Bank – two flexible options in high demand from customers – thanks to innovations from Klipboard Money.

Businesses are under growing pressure to provide business and consumer customers with faster, more flexible ways to pay.

Modern buyers expect the same convenience they experience in everyday consumer purchases, while traditional card payments and manual credit processes can create friction, increase administration and contribute to abandoned transactions.

Let customers spread the costs – without taking on credit risk

Buy Now Pay Later, enabled by Klarna and Affirm for B2C, and Billie for B2B transactions, lets customers spread the cost of transactions, while businesses receive the full payment upfront. This allows them to offer flexible payment terms without managing the associated credit risk and collections process themselves.

Buy Now Pay Later helps businesses meet growing expectations for flexible, digital payment experiences across both B2B and B2C transactions.

This means businesses can turn “I’ll think about it” into completed purchases.

For businesses, Buy Now Pay Later delivers:

• More completed checkouts
• Bigger basket sizes
• Incremental, not shifted, sales
• New and repeat customers

Research has found that customers using Buy Now Pay Later are 9% more likely to make a purchase and spend 10% more per transaction than non-users.

It’s no surprise that demand for flexible payment options is rising fast, with Klipboard research identifying Buy Now, Pay Later and other finance solutions as the fastest-growing payment category over the next five years.

Faster and more convenient payment without cards

In addition, Pay by Bank is now also available, allowing customers to pay businesses directly from their bank account.

This offers a faster, secure and more convenient way for customers to pay – without them needing to remember and enter card details.

Crucially, Pay by Bank offers lower transaction fees than card payments, while also delivering:

• Reduced fraud risk
• No card disputes
• Fewer failed payments
• Easier repeat billing
• No separate platform to maintain

As a result, businesses can expect higher conversions, lower transaction costs and fewer failed payments.

The launch of these features forms part of Klipboard's ongoing investment in helping businesses modernise customer payments and reduce friction across the payment journey. By giving customers greater choice in how they pay, businesses can improve conversion rates while simplifying payment collection and administration.

As Lochan Sim, VP of Payments at Klipboard, commented:

Informal credit has always been a reality for many businesses. Whether it's 30, 60 or even 90-day terms, suppliers often extend significant amounts of credit to support customer relationships and drive sales. While that approach can help customers buy, it can also tie up working capital and leave businesses carrying the cost and risk of getting paid. In some cases, that risk ultimately becomes bad debt.

While that approach can help customers buy, it can also tie up working capital and leave businesses carrying the cost and risk of getting paid. In some cases, that risk ultimately becomes bad debt.

Modern payment and financing solutions give businesses another option. They can offer the flexibility customers increasingly expect, without having to take on the same level of risk, administration or cash flow impact themselves. In competitive markets where products and services are often similar, the ability to offer more convenient payment options can also help businesses stand out and win more sales.

By bringing Buy Now Pay Later and Pay by Bank into Klipboard Money, we're helping businesses get paid faster, simplify payment operations and create a better purchasing experience for their customers.”

Get in touch with a member of the team to learn how to introduce Buy Now Pay Later and Pay by Bank to your customers and drive adoption from day one.