How does Payhaps compare with BNPL and discounts?
Payhaps is a reward layer, not a financing product and not a price cut. Unlike BNPL, it involves no credit, no debt, and no installments. Unlike a storewide discount, the reward is opt-in and funded by Payhaps, and it does not reset the merchant's list price.
Comparison
- Unlike BNPL, Payhaps involves no lending and the shopper owes nothing.
- Unlike a discount, the reward is funded by Payhaps rather than taken from merchant margin.
- The reward is opt-in rather than applied to every buyer.
- Payhaps preserves the merchant's list price.