Flik
VARIOUS INSTALLMENT, WONDERFUL DEAL
Attract, convert and retain your customer with easy and seamless payment solution
Flik
Flik is a payment solution that delivers flexibility and convenience. Users can choose the desired payment solutions for the product. Therefore, customers can be able to cut off the burden of finance to decide for the easy shopping.Flik methodology
1 Installment
The order is allowed to pay later during the next 1 month:
- After 1 month, pay 100% transaction.
3 Installments
The order is allowed to pay later during the next 3 months:
- Pay 1/3 bill in the next 1 month.
- Pay 2/3 bill in the next 2 months.
- Pay 100% bill in the next 3 months.
4 Installments
The order is allowed to pay later during the next 3 months:
- Instant payment 1/4 bill after purchasing
- Pay 1/2 bill in the next 1 month.
- Pay 3/4 bill in the next 2 months.
- Pay 100% bill in the next 3 months.
Flik core competency
Simple procurement
Only 3 fields
Fast approval
Up to 5 minutues
High approval rate
Up to 70% for MoMo Users
Impressive Outcome
Increase avarage order value
Shoppers can be able to comfortably purchase more products with Flik.
Optimise conversion rate
Increase conversion rate to shoppers who desire to purchase flexibility.
No financial risk
MoMo will handle all of the risk for bad debt in all of the orders. MoMo also conducts a reconciliation process in case shoppers have no way to pay back.
Approach new customers
Turn high-intent shoppers into loyal customers with performance-driven marketing solutions Ease of payment turn customers into loyalty
Lower COD Rate
Lower your COD rate, here goes all the risks!
EASY AND SEAMLESS
Touchpoint
Touchpoints provide customers a better view of payment plans which appeals user to make purchases.
Seamless and easy
Simple and easy-to-integrate payment flow across online and offline platforms.
FAQs
1. Is Flik safe and secured?
MoMo E-Wallet is licensed and authorized by the State Bank, is the strategic partners of most of the largest banks in Vietnam. MoMo meets international security standards: PCI DSS highest level; 2FA, SSL/TLS, Tokenization. Multi-layer security when logging in & making payment: OTP authentication code, fingerprint / face authentication, automatically lock the application and automatically prevent transactions with any sign of fraud. Therefore, Pay Later by MoMo strictly follows the general safety and security criteria.
2. Benefits from being a partner of Flik
- Boost your conversion rate. Window shoppers are now empowered to try out your products - Increase your average order value. Flik users tend to spend +60% than before - Acquire new customer from more than 32 million MoMo users - Boost your brand awareness and lots of co-brand marketing promotion with MoMo And many more!
3. How to be a partner of Flik?
Our goal is to provide customers with the best pay later/pay in installment in varies of industry, such as: Apparel & Fashion, Cosmetic, Accessories, Education, Travel, etc. We are always willing partner up. - Please contact us via hotline: 1900 636 652 (Press 2 for English) - Email: merchant.care@momo.vn - Website: M4B portal https://business.momo.vn
4. How to give a refund to customer?
Whether customers are able to refund, it depends on your policy. If yes, you can config via MoMo for Business (M4B), just choose the transaction, properties and choose refund.
5. Where can I find the payment reconciliation?
You can track and manage your transactions online via MoMo for Business (M4B). Transactions are updated real time and are defined as each payment method (MoMo E-Wallet, Pay Later, Flik).