PayPlan by RBC for Merchants: grow your business with PayPlan by RBC and gives your customers more ways to pay with PayPlan by RBC. See how to register online and be among PayPlan by RBC Merchants. Get started below:
PayPlan by RBC gives your customers the option to pay for items over time on the terms that work best for them through a simple, positive payment experience that supports strong, lasting relationships. If you are a consumer, find out more here.
PayPlan by RBC is a frictionless e-commerce solution backed by one of Canada’s largest banks. PayPlan by RBC is designed to enable merchants to provide their customers with a simple and convenient way to pay over time. Merchants get paid upfront and RBC takes on most of the repayment risk. Merchants choose PayPlan by RBC because of our unique full-funnel, white-label solution outperforms others in terms of unlocking revenue, and boosting AOV and customer lifetime value.
E-commerce Platform; minimum $500,000 processing volume in annual e-commerce sales; business to consumer sales
- PayPlan by RBC integrates smoothly with your existing e-commerce platform
- RBC Ampli Inc. quickly approves qualified customers and finances loans in equal monthly installment payments.
- Offer your customers flexibility with payment terms of 6-36 months and interest rates as low as 0%1. Plus, there’s no penalty for paying off the loan early
- PayPlan by RBC handles collections and customer service on the loan, so you don’t have to.
How to get paid with PayPlan by RBC
With PayPlan by RBC, you’re paid upfront and in full, minus a merchant discount fee. Payment is typically made within in as little as 2 business days of requesting settlement.
PayPlan by RBC Loan
PayPlan by RBC is available to all customers who bank with a Canadian financial institution and in all provinces.
How to apply for PayPlan by RBC for Merchants
To get started, use this link: https://www.rbcroyalbank.com/payplan/index.html#form
- PayPlan by RBC integrates with your existing e-commerce platform and will be presented to shoppers as an alternative payment option.
- Once shoppers receive their approval, they can choose their rate, term and monthly payment amounts. All without leaving your site.
- You will receive your funds within as little as 2 days.
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