Bill me later also known as BML is a relatively new form of charging payment from online users. The Billmelater payment services are available to all U.S. Citizens subject to its constraints and credit ratings approval.
In this payment form the user can shop for the items in the shopping cart without using a credit card. He receives bill by regular mail and can make the payments within predefined timeswindow. If he fails to make payment in that time an interest rate is levied on that amount.
This is a very good way of attracting even more customers on to the website and increasing the sales online. This virtually brings all possible selling options for online consumers.
Billmelater integration to an eCommerce shopping cart is technically difficult because of the less work done in this area and even less development material available. We have successfully done one such integration on a client website ( a multi location eCommerce software). You can contact us if you want to make BillmeLater payment option available on your retail eCommerce website.
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