Heres how the process works. Sezzle often runs pre-authorizations for credit and debit cards.
The list of merchants that offer Sezzle financing is quickly growing.
How long does it take to get approved for sezzle. Our automatic system reviews how long youve been a Sezzle shopper the information you provided at sign up the soft credit check any order history with Sezzle among a few other factors. 13122019 The only catch is that you need to be able to pay off the total within six weeks and the store youre shopping at must be partnered with Sezzle. The date those funds are sent to your bank account depends on your specific application the most common settlement period is 3 business days.
These charges usually are listed in your pending transactions when you look at your statement. Despite the fact that transaction fees are in fact higher than the average 35 per transaction Sezzle handles all customers payments and you get paid instantly. We transfer the funds from orders to your Sezzle account when orders are placed.
If youre approved youll make the required down payment up front then three equal payments are scheduled over the next six weeks. However Sezzle offers volume-based discounts for larger retailers. Our platform operates by charging the merchant a set percentage of each order and a small processing fee.
01012021 Sezzle charges a slightly higher transaction fee with a standard payment processing fee of 6 30c per transaction. Buy from your favorite stores today and split up the cost into four interest-free payments. 23102020 Sezzles system evaluates every order at the time of purchase based on various factors.
Integrating with Sezzle How to configure Sezzle on your website from setting us up as a payment option to adding our widgets. Login to the Merchant Dashboard and navigate to the in store tab. An approval decision will be made instantly no hard credit check required.
Increase your conversions AOV and customer satisfaction. If you are at your in-store location it should only take about 5 minutes. These are just temporary holds that tend to fall off your payment method within an hour though it can take up to 3 business days.
Approval can take a day or two. 13122019 If you choose to use Sezzle youll need to create an account before making a purchase. Using Sezzle What Sezzle does how we do it and how we can help grow your store.
The amount you owe on previous orders and the number of open orders on your account both impact your chances of being approved by Sezzle. How long does Sezzle take to approve merchants. How long youve been a Sezzle shopper the information you provided when you signed up which includes a soft credit check and your Sezzle order history.
27012021 Merchant is required to have proper and active bank account information on file with Sezzle during the term of the contract and for thirty 30 Days following cancellation termination or expiration of the Agreement. The exact settlement time will depend on explicit agreements and approval decisions made by Sezzles staff. How long youve been a Sezzle shopper the number of orders youve repaid on time the total amount of open orders plus how much you still owe and the total amount of your new purchase.
Youll need to wait for the Sezzle team to review and approve your application before proceeding. Funds from Sezzle transactions typically settle into your external bank account one 1 to seven 7 Business Days from when the transaction is fully processed by Sezzle. If youre approved Sezzle immediately generates a breakdown of the order details.
What companies use Sezzle. 20122020 Youll need to fill out the Business Information section of your Sezzle application once youve verified your email and then you can wait for approval before connecting your bank account. Add in-store locations Enter the details for the location you want to accept Sezzle Virtual Card.
Set up Sezzle Checkout. 27012021 They make money through lead gen but for each offer that they get paid on they are still on the hook for covering the costs of servicing that user for the length that they use the service. Set up test card.
Generate a test card. Upon signing up the approvals team will let you know what rate applies to your store – the rate is determined by the type of products you offer how long your store has been in business as well. Too new to Sezzle.
Because of our unique approval process including the fact that we dont have fixed limits were able to provide our shoppers with a completely free service. The longer you use Sezzle the better your chances of getting approved. So lets say Bob starts using Mint in 2008 and takes an offer in the first 30 days.
There are absolutely no sign-up or set-up costs. Our automated approval system reviews a number of factors before assigning your limit. Usually were less restrictive after the first six weeks.
Sezzle empowers shoppers to purchase today and make 4 interest-free payments over 6 weeks.