E-Commerce Websites & Point of Purchase Platforms: The Undisputed Tag Team Champions

Why E-Commerce Websites Are Tag-Teaming with E-Commerce Payment Plan Providers Over Traditional Credit Cards

As business owners wrestle with online e-commerce shopping for equipment, payment plan providers & platforms are stepping into the ring and proving themselves to be the undisputed champions over traditional credit cards. As more dealers seek to increase sales, minimize risk, and create a frictionless buying experience, these modern financing platforms are coming in with a metaphorical steel chair to break up the outdated credit card monopoly.

Lower Fees, Higher Profits

Traditional credit card transactions come with processing fees that can eat into margins like a hungry sumo wrestler. With discount rates often ranging from 2.5% to 4%, merchants are left footing the bill for the privilege of getting paid. In contrast, many e-commerce payment plan providers offer significantly lower fees, helping dealers retain more revenue per transaction. When you’re dealing with high-ticket items, every percentage point saved is money in the bank.

Decreased Risk of Fraud and Chargebacks

Ever sold a piece of equipment only to have the payment reversed due to a chargeback? It’s the business equivalent of getting sucker-punched after a handshake. Payment plan providers reduce the risk of fraud by using automated underwriting, identity verification, and risk assessment algorithms to ensure that the buyer is legitimate and able to pay. This means fewer headaches, less revenue loss, and more confidence in closing the deal.

Bigger Sales, Bigger Deals

One of the biggest advantages of these payment platforms is their ability to increase the average order value (AOV). When buyers can pay in installments rather than a single lump sum, they’re far more likely to upgrade to a higher-end model, add accessories, or increase order size. Studies show that businesses offering financing options see a 20-30% increase in AOV. Instead of sweating a massive upfront payment, customers see an affordable monthly installment—making it much easier to say, “Yes, I’ll take it!”

No Hard Credit Inquiries, No Credit Score Worries

Unlike credit cards or traditional financing, most e-commerce payment plan providers don’t require a hard credit check that impacts a customer’s credit score. For buyers, this means they can finance an equipment purchase without adding to their traditional debt load or worrying about future loan approvals. It’s a win-win: businesses get their sale, and customers get financing without the baggage.

Higher Limits Than Credit Cards

Many business credit cards come with restrictive limits that make large purchases impossible. With payment plan providers, buyers can secure financing for larger-ticket items without being constrained by a preset credit limit. Whether it’s industrial machinery, commercial kitchen equipment, janitorial equipment, or rolling stock like small and medium duty trailers, these platforms make big purchases more accessible to businesses that need them.

Fast Funding—Sometimes Even Faster Than Credit Cards

One common misconception is that financing slows down the sales cycle. In reality, e-commerce payment plan providers often fund transactions just as quickly as credit card proceeds hit the merchant’s account—sometimes even faster. With streamlined digital processes, automated approvals, and seamless integration, buyers can secure funding in minutes, and dealers can receive their money without delay.

Automation That Closes More Deals

Let’s be honest—dealers should be focused on selling equipment, not playing banker. Payment platforms take on the heavy lifting, assessing a buyer’s ability to pay, underwriting the transaction, and processing payments while the dealer focuses on closing the sale. It’s the ultimate tag-team dynamic: the dealer sells the value of the equipment, and the platform figures out the best way to pay for it. This approach not only removes friction but also creates a seamless, high-converting customer experience.

The Bottom Line: Sell on Payments, Not Price

At the end of the day, businesses don’t want to write a massive check upfront—they want manageable payments that keep their cash flow intact. With e-commerce payment plan providers in their corner, dealers can shift the conversation from “this is what it costs” to “this is what it costs per month.” That small change in framing can be the difference between a “maybe later” and a “let’s do this today.”

Tag in SLS – Let’s Close More Sales Together

If you’re ready to increase sales, reduce risk, and give customers a better way to buy, it’s time to tag in SLS. We’ll handle the financing while you focus on what you do best—selling top-quality equipment. Reach out today and let’s get your customers financed and your revenue flowing faster than ever before!