SimplePart has partnered with PayPal to provide an all-in-one checkout solution. Enrolled dealers can now offer more ways to pay with PayPal, Pay Later, Venmo, card processing, local payment types, and more.
Here’s some of the success dealers have seen with PayPal and SimplePart:
*SimplePart internal data, 2023
PayPal’s size, scale, and payments volume allows for strong global relationships that help you better serve customers, minimize costs and help drive sales.
- PayPal is the #1 most downloaded finance and banking app globally1
- PayPal is #1 in Consumer Report analysis for privacy, transparency, and security 2
- PayPal is available in 200+ markets and 150+ currencies3
- 46% higher checkout conversion with PayPal4
Help maximize sales with PayPal’s latest features
PayPal’s brand recognition helps give customers the confidence to buy. Your all-in-one checkout solution can offer PayPal, Venmo, Pay Later5 options card processing, local payment types and more—all through a single PayPal integration.
This helps give your customers peace of mind when they are making a purchase. The new features complement what you already have, and it’s easy to add to your new or existing checkout solution.
If you’re currently using the PayPal integrations, migrating to the latest version of PayPal is simple!
Get the latest version of PayPal for your parts site
What dealers can expect from the latest version of PayPal
The latest PayPal integration offers Pay Later and Venmo, which can be seamlessly added to your checkout solution.
Improved checkout to help grow sales. A streamlined checkout process to help speed up customer transaction times and reduce cart abandonment — especially for those on mobile.
AI fraud detection. PayPal’s AI software helps protect your business against fraud and evolving cyber threats to promote peace of mind for your business and customers. You’ll get the benefits of this feature on top of SimplePart’s cyber security features.
No setup fees. This free PayPal update is already available for your online parts website. Just contact the SimplePart Client Services team to activate this integration.
Contact Client Services to activate your PayPal integration
PayLater Options with PayPal
Let customers pay in installments (a popular part of the trend “Buy Now Pay Later”) with Pay in 4 and Pay Monthly6— while you get paid up front.
When you let your customers know about these options at key points in the buyer journey, it can help boost average order value and encourage customers to buy more — and more often. There is a 55% increase in cart sizes when compared to standard PayPal transactions.7
Venmo and NextGen appeal
Tap into 92 million active Venmo accounts.8 And it’s a popular payment option for Millennial and Gen Z shoppers. Capture this increasingly prominent customer demographic with the latest PayPal integration update.
Got questions about updating your PayPal integration? Or would you like to add the PayPal integration to your parts website? Reach out to SimplePart Client Services at support@simplepart.com or give us a call at 1-888-843-0425.
If you’re not yet enrolled as a SimplePart dealer, contact the SimplePart Sales team at sales@ifmamericas.com or call 1-888-843-0425 (prompt 1) to find out how you can get started.
PayPal data citations
1 In July 2022, PayPal was recognized as the #1 most downloaded finance and banking app globally. **Apptopia, Top 10 Finance & Banking apps, H1 2022. July 13, 2022.
2 CR (Consumer Reports), “Buy Now, Pay Later Apps Are Popular, but Are They Safe?” Consumer Reports , May 25, 2023.
3 PayPal Earnings-Q3, 2023, based on PayPal internal data.
4 Nielsen Behavioral Panel of USA with 29K SMB monthly average desktop purchase transactions, from 13K consumers
between April 2022-March 2023. Nielsen Attitudinal Survey of USA (June 2023) with 2,001 recent purchasers (past 4 weeks)
from SMB merchants, including 1,000 PayPal transactions & 1,001 non-PayPal transactions
5 *Pay Later is available in US, UK, DE, FR, IT, ES, AU. Product availability subject to local requirements. Merchant and
consumer eligibility varies depending on status. Credit checks, fees and other requirements apply and vary depending on product and jurisdiction. See product-specific terms for details
6 About Pay in 4: Loans to CA residents are made or arranged pursuant to a CA Financing Law License. PayPal, Inc. is a GA Installment Lender Licensee, NMLS #910457. RI Small Loan Lender Licensee.
Pay Monthly is subject to consumer credit approval. Term lengths and fixed APR of 9.99-35.99% and vary based on the customer’s creditworthiness. The lender for Pay Monthly is WebBank. PayPal, Inc. (NMLS #910457): RI Loan Broker Licensee. VT Loan Solicitation Licensee.
7 Based on an internal data analysis of Pay Later retailers, October 2020 through August 2023. Data inclusive of
transactions using PayPal Pay Later products across 7 markets (US UK AU DE FR IT ES)
8 PayPal internal data, 2023
