Layaway is revived – already a payment choice at Kmart

I remember layaway – before credit cards and way before debit cards. All the major retailers offered layaway. You were required to come in the store and make payment by check or cash. For those youngsters – read in wiki – Layaway. 

Kmart has long provided layaway in many stores and is promoting again for the Christmas season.

You don’t have to be a giant retailer to offer layaway, particularly if you have a bit of storage space and/or your products are small in size. You set the policy on eligible products and term of payments for layaway. Even Kmart charges a setup fee and cancellation fee.

 You even have choices on how you accept payments for layaway. Sales may increase if you require your customers to come in the store to make payments. Cancellations and late payments may decrease if you offer auto-debit by ACH to your customer’s bank account. The online system from More Payment Choices makes recurring payments easy to manage and get paid.

Elayaway.com has grown by merchants and customers by offering layaway for the online retailers. Seldom can a business charge both the seller and the buyer – but elayaway.com has seized the opportunity.

1shoppingcart is one of the most popular and easy to use shopping carts that also offers recurring as a payment choice. Just remember not to ship the product until the final payment is cleared. You save on fees for both your business and your customers!

Recurring payments do have some unique rewards and risk. Consult with More Payment Choices before reviving layaway for your business. Call 800-341-4423.