* Rates vary and are subject to change based upon multiple business factors. When transactions are processed via virtual card, Behalf will not charge a transaction fee: only regular credit card processing fees apply. Assumes a 2% transaction fee when transactions are processed via ACH. Subject to Merchant Terms and Conditions.
Case Study: A National Electronics Distributor Boosts Sales & Customer Loyalty
*Subject to underwriting and approval criteria. Merchants generally get paid same-day if by virtual card, or next business day if by ACH, (ACH subject to cut-off time of Thursday at 6 p.m. PST). Processing delays could occur or due to unforeseen circumstances, e.g. when more information is required.
Merchants have achieved the following results with Behalf:
* A national merchant selling electronics saw a 52.6% increase in AOV in 2018, vs the AOV they projected based on their current AOV in November 2017. A national electronics distributor saw a 83% increase in AOV with customers that use Behalf vs. other payment options (based on sales data from Q1 2017 – Q2 2018)
* A top electronic distributor saw a 44% increase in revenue in the 18 months since launching Behalf as a payment offering, measured in May 2017.
Business Insider’s analyst firm, BI Intelligence, studied the issue of shopping cart abandonment in Q4 2016 and tried to figure out why customers typically quit on the process. For more information, visit: https://www.businessinsider.com/e-commerce-shoppers-abandon-carts-at-payment-stage-2016-3