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A quick overview is the Consumer is presented with.
PUT IT ON LAY-BUY, simply select that method to pay for your products.
When you confirm your order, you the Consumer selects down-payment % to pay today, and how many months you want to pay-off the balance.
Next you are redirected to PayPal’s landing page, you pay the down-payment today with either your PayPal a/c or your credit / debit card.
PayPal then sets up the LAY-BUY payment plan between you the consumer and us the merchant.
PayPal then sends four email notifications out, two to us the merchant, the other two to you the consumer. (One for the down-payment and another that a payment plan has been setup)
Note: if buyer does not have a PayPal a/c, they will pay with their credit card today and a PayPal a/c is setup for the LAY-BUY payment plan payments
Now your Order is Placed (pending) Down-Payment, monies are paid into merchant’s PayPal account and your order is placed in our Shopify Website with status ‘pending’. LAY-BUY payment plan details are auto populated the LAY-BUY App that resides within our Shopify store securely stores the information
In our Shopify store in the background a Payment Plan Cronjob fetches all the instalment payments on their due date from PayPal / Lay-Buys server and updates the payment plan in our LAY-BUY App from status ‘pending’ to ‘complete’.
PayPal then sends an email notification to us the merchant and you the consumer for the payments received.
With the Order Updated (Processing) and the Final instalment payment is now paid in PayPal, fetched again on the specified due dates you originally set up from PayPal / Lay-Buys server.
Your Payment Plan profile is now cancelled within PayPal, so no more monies are auto paid from you the consumer’s PayPal account.
In our Shopify store the Payment Plan for your items in our LAY-BUY App are updated from status ‘pending’ to ‘complete’.
The affordable payment option used for buying products for future dated events is nearing completion, a Cronjob runs and fetches final payment and updates Your Order in our Shopify Store from ‘pending’ to ‘paid’ status.
PayPal then sends an email notification to us the merchant and you the consumer for the payment.and fulfilment needs for that order.
And at final payment PayPal sends again notification to both you the buyer and us the merchant that payment profile in PayPal has been cancelled, so no more automated payments paid from you the buyer.
Its real seemless.
Now - Your Order Fulfilled we the Merchant delivers your product/s to you the consumer.
NOTES TO DATE THAT I HAVE BEEN ASKED ON USING THIS SERVICE.
Revise or alter your Lay-Buy - Answer - Yes
A consumer can revise a LAY-BUY order at any time while the LAY-BUY is in ‘pending’ status.
Its simple, the process involves the merchant us revising the payment plan from our LAY-BUY App.
Can you pay earlier - The Answer - Yes
The revise feature in our App, enables you the consumer to settle an outstanding balance today via a ‘buy-now’ option or extend the term of your LAY-BUY via a ‘lay-buy’ option.
When we see a change in your payment plan it is revised by us the merchant in our LAY-BUY App, you the consumer is sent an email with the payment link embedded in your email.
At this time the payment plan status is changed to ‘revise requested’ until payment is made by you the consumer.You the consumer then clicks on the payment link and are taken to PayPal to make payment.
If revision was in settlement (buy-now), then processes to extend or settle are triggered.
If revision was to extend LAY-BUY, then a down-payment is paid on the day and a new payment plan is populated in our LAY-BUY App against that same order number.
Of course the payment plan status for the revised plan then changes to ‘revised’ and the new payment plan has status ‘pending’. The ‘pending’ plan is then the new payment plan for your ILove2Fidget Shopify order. The Shopify order number remains the same.
Please note.
PayPal sends email notifications to us the merchant and you the consumer for these payments and payment changes.
Can you Cancel a Lay-Buy - Answer - Yes
A consumer can cancel a LAY-BUY order at any time while the LAY-BUY is in ‘pending’ status.
The process involves us the merchant cancelling the order from within our Store.
When an order is cancelled in our Shopify store, NOTE No refund is done THERE.
Do you get refunded on your Lay-Buy - Answer - Yes
To do the refund and actual cancellation of your Lay Buy we use a cancel feature which involves us the merchant cancelling the payment plan in the PayPal website and then refunding you the consumer all monies paid to-date for the LAY-BUY, less the ‘cancellation fee’ we have stipulated in our T&Cs.
PayPal then sends email notifications to us the merchant and you the consumer that payment plan has been cancelled.
Again please note - To Refund your Lay-Buy As stated above all refunds are done from within PayPal. Thank you
Does Lay Buy cost me the consumer to use - Answer - Yes 0.9% set up admin fee
Small as it may be - PayPal charges us a fee
What happens if a payment is missed - Answer - If a payment is missed by you the consumer, PayPal auto attempts again in 5 days
