Accept Payments using CRED Pay
CRED is an app that rewards their users with CRED coins on payment of their credit card bills. These points can then be redeemed for various premium lifestyle products and services. Your customers can make payments on your website or app using a combination of CRED Coins and Credit Cards saved on CRED.
For example, if a customer has shopped on your website for ₹10, they can choose to redeem CRED Coins worth say, ₹2 and pay the rest ₹8 using credit cards saved on CRED.
Feature Enablement:
This is an on-demand feature that is not available by default. Apply for early access to get this feature enabled on your account.
- Access to premium customers whose average order value is significantly higher than that of an average customer.
- Enjoy ZERO customer acquisition cost. Online businesses usually spend 30-40% of GMV on acquiring customers. Since your brand will be featured on the CRED app, it saves your marketing costs.
- Avail up to 15% higher conversions with 'one-click' payments.
Given below is an illustration of the workflow:
Learn how to integrate CRED as a payment method for: