How to boost sales on Shopify with Riverty’s Buy Now Pay Later (BNPL)

When it comes to shopping habits, flexibility is no longer a luxury, it’s an expectation. Modern consumers want options that fit their financial realities without compromising convenience. Whether they’re purchasing high-ticket items or indulging in everyday luxuries, the ability to split payments has become a key driver of purchase decisions.

Studies reveal that over 70% of shoppers abandon their carts due to high upfront costs. It’s not that they lack interest in the product, it’s simply that paying all at once can feel overwhelming. This is where Buy Now Pay Later (BNPL) solutions like Riverty step in. By allowing customers to delay or split payments “often without additional fees” Riverty removes barriers for shoppers while helping businesses like yours increase conversions, grow revenue, and build trust.

In this guide, we’ll explore how integrating Riverty’s BNPL into your Shopify store can position your business at the forefront of checkout innovation. You’ll discover actionable strategies to attract more customers, enhance user experience, and stay ahead of eCommerce trends, all while maintaining healthy margins.

Why BNPL is essential for modern eCommerce

The adoption of BNPL solutions like Riverty is reshaping the way consumers interact with online stores. Understanding the value of BNPL is crucial to staying competitive in an increasingly digital-first marketplace. Here’s why Riverty stands out as a transformative solution for modern eCommerce:

1. Flexible payment options for shoppers

Riverty allows customers to:

• Pay in 14 or 30 days.
• Split payments over several months.
• Enjoy interest-free terms unless delayed, in which case interest may apply as a fine.

This flexibility ensures that customers can shop with confidence, knowing they have control over how and when they pay. Plus, there are no additional fees for most transactions, making it an attractive option for budget-conscious shoppers.

2. Instant payouts for merchants

Unlike some BNPL providers, Riverty ensures merchants receive their full payment upfront. This eliminates cash flow issues, allowing businesses to focus on growth rather than waiting for funds.

3. Credit and risk management

Riverty handles credit checks and risk management, reducing the burden on merchants. This means you can offer flexible payment options without assuming additional financial risk.

4. Seamless integration via Mollie or custom APIs

While Riverty is not a native Shopify Payments provider, it integrates seamlessly into Shopify stores through third-party apps, payment service providers (PSPs) like Mollie, or custom API setups. For businesses already using Shopify and Mollie, the setup process is straightforward and efficient.

How Riverty aligns with future checkout trends

As eCommerce evolves, businesses must adapt to changing consumer behaviors and expectations. Here’s how Riverty BNPL fits into broader checkout and conversion trends:

1. Increased conversion rates

Offering BNPL options reduces cart abandonment rates by addressing affordability concerns. Research shows that consumers who use BNPL tend to spend an average of 6.42% more than those who don’t, with this increase being particularly noticeable for low-ticket items. This trend is driven by the perception of greater financial flexibility, which encourages shoppers to complete their purchases rather than abandoning their carts. Additionally, businesses offering BNPL report higher conversion rates and improved customer satisfaction.

2. Improved customer loyalty

By providing flexible payment solutions, you demonstrate that you care about your customers’ needs. This fosters trust and encourages repeat purchases, building long-term loyalty.

3. Competitive advantage in supported markets

Riverty is particularly popular in Europe, especially in regions like the Netherlands, DACH countries, and Nordics. Merchants in these regions can leverage Riverty to stand out in a crowded market.

4. User-friendly experience

Riverty offers a dedicated app, MyRiverty, which provides customers with clear insights into their payment schedules. This transparency enhances the overall shopping experience, making it easier for customers to manage their finances.

Step by step guide to integrating Riverty with Shopify

Ready to get started? Follow these steps to integrate Riverty’s BNPL into your Shopify store:

Step 1: Retrieve your test API key

1. Access your Riverty test Merchant Portal account.
   • Don’t have a test Merchant Portal account? Complete the 5-minute onboarding process to create one.
2. Open the left menu in the test Merchant Portal.
3. Select “Developer Info” from the left menu (visible only to users with ‘Administrator’ rights).
4. Click “Show” to reveal your test API key.
5. Have your test API key ready for use in Step 2.

Note: You will receive one API key per webshop and/or market. If you are onboarding multiple webshops or markets, switch between them in the top-right corner of the Riverty Merchant Portal to access the corresponding API keys.

Step 2: Get the Riverty app for Shopify

1. Access the Riverty app for Shopify in the app store.
2. Log in to your Shopify store.
3. Click on “Install.”
4. Confirm the installation by clicking “Install” again.

5. Complete the TFTW integration form:
   • You will be redirected to a form where you’ll answer a few questions about your business and provide your test API key.

Who is TFTW?

TFTW is a specialized web development agency that focuses on creating plugins and apps for Shopify. When using the Riverty app for Shopify, you will pay a fee to TFTW for hosting and maintaining the app.

• TFTW will contact you to review and accept their terms of use.
• They will handle the technical integration, connecting your Shopify store with the Riverty app.

If you’re looking for expert guidance beyond the technical setup, such as optimizing your Shopify store or integrating advanced solutions like Riverty’s BNPL, you can partner with agencies like Flatline Agency. a certified Shopify Plus partner that specializes in helping businesses unlock the full potential of Shopify’s ecosystem.

That kind of payment and checkout integration work is exactly what our ecommerce agency team scopes alongside broader Shopify Plus projects, so BNPL fits the storefront instead of bolting onto it.

Step 3: Go live

1. Sign your contract with Riverty: Before going live, ensure you have signed your contract with Riverty.
2. Complete test cases (if required):
   • A Riverty implementation manager may ask you to complete test cases before going live. For an overview of potential test cases, refer to the test suite here.
   • Once completed, a Riverty implementation manager will share your live API key with TFTW.
3. Enable live environment:
   • After TFTW integrates your live API key, disable the test environment in your Shopify admin panel and enable the live environment.
   • You will receive an email confirmation once the live integration is complete.

Transaction management Shopify

Once Riverty is integrated into your Shopify store, managing transactions becomes seamless. For detailed instructions on how to manage Riverty transactions through Shopify, please refer to the official documentation: transaction management Shopify.

Shopify is the all-in-one commerce platform to start, run, and grow a business. It supports the next generation of entrepreneurs, the world’s biggest brands, and everyone in between. With Riverty’s integration, Shopify merchants can now offer flexible payment options to their customers while maintaining full control over their transaction processes.

Comparison: Riverty vs. Klarna vs. Firmhouse

While Riverty and Klarna are both popular BNPL providers, Firmhouse operates differently, focusing on subscription commerce, leasing, or product-as-a-service models. However, if Firmhouse is integrated with a BNPL provider like Riverty or Klarna through platforms like Mollie or Adyen, customers can benefit from BNPL structures such as installment breakdowns and clear payment schedules.

Key differences include:

• Riverty: Offers a dedicated app (MyRiverty) for customers to track payments and integrates easily with Shopify via Mollie.
• Klarna: Known for its user-friendly app and installment breakdowns but requires direct integration.
• Firmhouse: Built for subscription-based models and does not natively offer BNPL but can work with BNPL providers.

For businesses, Riverty is cost-effective and easy to set up, especially for those already using Shopify and Mollie. The benefits include increased conversions, improved customer loyalty, and streamlined payment processes.

Final thoughts

Integrating Riverty’s Buy Now Pay Later (BNPL) solution into your Shopify store can help boost sales and stay competitive in today’s market. By providing customers with flexible payment choices, you not only increase conversions but also build long-term loyalty.

However, if you’re looking for expert guidance to ensure a seamless integration or want to take your Shopify store to the next level, Flatline Agency is here to help. As a certified Shopify Plus Partner, we specialize in helping businesses unlock the full potential of Shopify’s ecosystem. From integrating advanced solutions like Riverty’s BNPL to optimizing your store for maximum performance, our team combines technical expertise with creative problem-solving to deliver results-driven solutions.

Ready to elevate your eCommerce game? Partner with us today and let’s build something amazing together.