Pay-In-3

Consumer Benefits

The Pay-in-3 payment option offers several advantages to consumers:

1. Interest-Free: Pay-in-3 offers the ability to extend payments for a short time while avoiding the interest cost associated with longer term payment plans

2. Cash Flow: Splitting payments through the Pay-in-3 option boosts consumers’ cash flow, allowing them to manage essential expenses or invest in other areas, leading to an overall improvement in their financial position

3. Improved Shopping Experience: Pay-in-3 improves the shopping experience by giving consumers the time and flexibility needed to best fit their financial situation

4. Budget Management: Splitting larger, one-time purchases into smaller monthly installments makes it easier to manage a monthly budget plan

Merchant Benefits

Offering Pay-in-3 payment option can provide several advantages to merchants:

1. Higher Order Value: Offering Pay-in-3 increases the average basket size of consumers

2. Positive Brand Perception: Offering flexible payment options such as Pay-in-3 enhances merchants’ reputation as being customer focused

3. Guaranteed Payment: In case of customer non-payment, Riverty assumes the risk, allowing merchants to focus on their business and maintain profitability

4. Reduced Cart Abandonment: Providing a Pay-in-3 option can reduce cart abandonment rates as customers find it easier to manage their finances and complete purchase

Customer Flow (Checkout)

Integration

Pay in 3 is integrated using Riverty’s standard redirect flow. During checkout, the merchant creates a payment session via the Riverty API and redirects the customer to Riverty to complete the payment setup and verification.

All required steps, such as customer verification, agreement confirmation, and direct debit authorization, are handled on the Riverty hosted page. Once completed, the customer is redirected back to the merchant’s return URL and the order can be confirmed.

Example request

POST /api/v3/checkout/authorize

{
  "order": {
    "items": [
      {
        "imageUrl": "https://developer-sandbox.riverty.com/images/black_leather_jacket.jpg",
        "quantity": 1,
        "productId": "4534-BLK-M",
        "vatAmount": 16,
        "vatPercent": 19,
        "description": "Leather jacket, Black, size M",
        "netUnitPrice": 84,
        "grossUnitPrice": 100
      },
     ...
    ],
    "number": "riverty1",
    "currency": "EUR",
    "totalNetAmount": 155.41,
    "totalGrossAmount": 185
  },
  "payment": {
    "type": "partPayment"
  },
  "customer": {
    "email": "astrid.svensson@example.com",
    "address": {
      "street": "Hoofdstraat",
      "postalCode": "8441ER",
      "countryCode": "NL",
      "postalPlace": "Heerenveen",
      "streetNumber": "123"
    },
    "lastName": "Svensson",
    "birthDate": "1999-01-02",
    "firstName": "Astrid",
    "salutation": "Mrs",
    "mobilePhone": "12345678900",
    "customerCategory": "Person",
    "conversationLanguage": "EN"
  },
  "merchantUrl": "https://www.example.com",
}

The important field for Pay in 3 is payment.type = PartPayment. After the authorization and verification are completed in the Riverty redirect flow, the shopper is redirected back to the merchant’s return URL(merchantUrl).

More details:

• Redirect integration guide
• Authorize payment API