With the rise of digitization, almost all our transactions are replaced with cashless transactions carried out through mobile wallets. Mobile wallets provide a sigh of relief for people as they do not want to carry money for shopping. Many mobile wallets like Paypal, Paytm, Amazon pay have made our payments easy with just a click. Commonly, these mobile wallets are linked with our bank accounts, and we use the app to make our payments. But, there are mobile wallets where you can use them and pay them later. Quite interesting, right?
“Buy now Pay later”- this is the concept of such mobile wallets. The users can use the app for online shopping and in-store purchases and can buy things in credits. These apps are quite different from other apps. Let us discuss more Clearpay, an app of a similar category. The working model of the app is exciting, and entrepreneurs with a vision to start their venture in Online mobile apps will find this blog very useful.
What is a Clearpay app, and how does it work?
Cleary enables people to buy things from their favorite brands and pay for them later. The users can download the Clearpay app on their mobile phones and use them at the time of payment. Cleary has managed to maintain partnerships with many top retailers through which they work their app. The users can use Clearpay for both online and offline shopping, and at the end of their online purchase, they can choose Clearpay while signing out. At in-store shopping, they can show their straightforward pay app to the shop owners.
Are You Ready To Develop Buy Now Pay Later App Like Clearpay
The users can go through the app and choose their installments, and the app provides six weeks for the users to pay their money with little interest to them. Upon clearing the payments only, the users can shop again with Clear pay. The users can make their payments for Clearpay in four installments. People highly prefer the app for its feature, which allows them to pay after some time. Here’s the step by step process of how Clearpay works,
Step 1: The users can download their Clearpay app from the play store or app store.
Step 2: Pick your top brands from the list of the retailers in the app and shop your things by adding them to the cart.
Look at the installment options.
Choose viable installment schemes.
Choose the payment option as Clearpay.
Step 4: Make an initial payment now and the remaining payments after six weeks.
Features of Clearpay app:
The features of the Clearpay app are as follows,
Free of cost service – The clearpay app does not charge you any fee unless the users delay their payments.
No interests – Clearpay does not levy any interest for the users. Those who miss out on paying their installments in 6 weeks have to pay interest.
Automated payment transaction– Clearpay will automatically deduct money from your bank account for your remaining installments at two weeks interval. So, the users must keep a balance in their account before shopping with Clearpay.
Get your orders right away– After paying the first installment, Clearpay will settle the money to the retailers, and the things get shipped immediately to reach the users.
Split and pay– The payment can be split into four. The first installment should be paid at the time of purchasing, and the remaining installment should be delivered within six weeks.
Prospects of launching an app like Clearpay:
By now, the working of Clearpay would have been understood by the entrepreneurs. An app like Clearpay provides the users an opportunity to pay later through installments for their purchase. Cleary is based in the UK, and many residents have started using the app ardently. There is broad scope for such Pay-later apps among people as it gives them installments facilities. It will be the perfect time for entrepreneurs to launch their apps in the market.
A Clearpay clone is developed as an alternative to Clearpay with similar features. The Clearpay clone app will have the same similar features as Clearpay. Entrepreneurs can opt for the Clearpay clone for the initial launching period. You might wonder how a Clearpay clone will generate its revenue. Here is the revenue model of Clearpay Clone.
How does a Clearpay clone app earn money?
The revenue factor of an app is must be considered before launching in the market. The Clearpay clone earns revenue from the late payments of the users and commissions from the retailers. Let us see a detailed description of the monetary model of the app.
Fee from the retailers– The retailers, to appear on the app, have to pay a fee to the app followed by a monthly fee. The monthly payment will be charged from the retailers to be a part of the Clearpay clone. This way, the entrepreneurs can earn their money from the retailers.
Late payments from the users- The users will be given six weeks to make their installments. Those who extend their installment periods will have to pay additional fees to the app. Through late payments, you can charge a reasonable sum of money.
Why choose Appdupe for developing your Clearpay clone script?
At Appdupe, we not only develop apps but also conduct market research before launching an app like clearpay. Because only On-demand apps will have a good scope in the market and we take the responsibility of understanding both the market needs and customer demands. We are specialized in developing clone apps that are pretty popular in the market. The team of developers at Appdupe is pretty aware of the latest software and technologies.
All our services are customized and come as white-labeled. The users can replace their business credentials in the app, like their name, logo, and theme. Our cloned apps are customized for our clients to show their creativity. You can add additional features you wish to have in the app. Cleary clone is a ready-to-launch app, and by adding your ideas to the app, you can launch it for people in a short period.
The clients will get their admin panel to manage the activities of the app from the backend. Through an admin panel, the app owners can access the data of the app. Along with this, our apps are supported by Cross-platform compatibility to be used in both Android and iOS platforms.
On a concluding note,
The e-commerce platform has grown like never before. This will be the perfect time for entrepreneurs to showcase their ideas on the business side. Approach us at any time and get the best solutions with reliable and viable apps.
Strengthen your business prospects through Clearpay Clone App
At AppDupe, we know that our customers are Entrepreneurs and keeping them succeeding is what will make us stronger. So, we promise you, Life Time Updates free of charge. Yes, we know that Apple and Google keep coming out with new versions of their mobile OS's and other companies we clone from also keep updating their features and UX to stay up-to-date. We will take care of that for you, leaving you to do what you do best, Win!
Is this legal?
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