Flexible finance  
to win more customers
Offer your customers interest-free instalments and boost your sales! Join Retra members making payments easier for their customers!

Discounted Fees for all Retra Members

All Retra Members get exclusive access to discounted fees and credit charges.
Pricing
“We’re pleased to recommend PayItMonthly to Retra Bira members. Their platform is easy to use, the team provides excellent marketing support and their competitive pricing makes flexible payments a straightforward and affordable option for every retailer, no matter their size.”

Leon Mepham

Membership & Services Manager - Retra Bira

Why are electrical retailers offering finance?   

Make it easier for customers to choose skilled repairs or their dream bike upgrade with simple monthly payments.

Sign up

Remove price barriers

92% of customers said they wouldn’t have made the purchase without instalments**.

Increase customer spend

46% of customers increase their order value when they can pay in monthly instalments*.

Prevent lost sales

57% of merchants using Buy Now Pay Later reported an increase in basket conversion*.

Proudly working with

Supercharge your sales

Taking the next steps to grow your business is simple. You could be offering finance in as little as 48 hours.

Grow your business

Boost customer satisfaction

Exclusive Bira Group pricing

Free marketing support

Book a demo

How it works

Step 1: Verify your account

Follow the simple steps to open your free account.

Step 2: Offer instalments

Customers can sign agreements in-person, email or online.

Step 3: Get paid

Payment made to you once goods or services have been delivered.

Pricing & Plans

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Retra Membership Benefits

Exclusive discounted fees

Weekly or next-day payout

2-12 instalments

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Retra Pay As You Go

Recommended
Perfect for occasional use. Includes weekly payout and no monthly fees.
Credit charge:
5.9%
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Instalments length:
Pay in 3
Customer price:
£1,000
Paid to you:
£931
In-store POS & Digital Marketing
Pass Genie™ AI Acceptance Boost
£0
Monthly fee
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Retra Pro

Recommended
Our lowest fees and great for higher volumes. Next day payment and a £10K limit.
Credit charge:
1.9%
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Instalments length:
Pay in 3
Customer price:
£1,000
Paid to you:
£961
Paid next working day
Up to £10,000 per customer
£89
Monthly fee (save £60)
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All features

Pay As You Go

Plus

Pro

Customer Credit Limit
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Up to £3,000
Up to £5,000
Up to £10,000
Credit Charge (3, 6, 9 or 12 instalments)
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3 (4.9%)
6 (7.9%)
9 (10.9%)
12 (13.9%)
3 (3.9%)
6 (6.9%)
9 (9.9%)
12 (12.9%)
3 (2.9%)
6 (5.9%)
9 (8.9%)
12 (9.9%)
Monthly Fee
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£0 Ex VAT
£29 Ex VAT
£89 Ex VAT
Customer Pre-Approval Checker
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Pass Genie™ Acceptance Boost
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Offer Flexible Instalments via
In-store, online & email
In-store, online & email
In-store, online & email
Marketing Materials
Digital marketing assets    £29 for In-store POS
Digital marketing assets Free In-store POS
Digital marketing assets Free In-store POS
Portal Access
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Digital Integrations Plugins
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API access
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Dedicated Account Manager
Priority Legal & IT Support
Set Up Fees
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£0
£0
£0
Contract Terms
30 day rolling contract
30 day rolling contract
30 day rolling contract

Payment calculator

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Your customer’s payments will be as follows:

Customer initial payment:

£200

Customer monthly payments :

3 x £200

Customer total payable:

£800

Credit charge:

£31 (3.9%)

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You are paid:

£776

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Note figures shown are for illustrative purposes only and rounded to the nearest pound. Pro and Plus plans require monthly payment, see here for details.

Frequently asked questions

Here are some of our most frequently asked questions. For more details, Book a demo with our dedicated team.
When do I get paid?
Can I charge my customers more if they choose instalments?
Will my customers be credit checked?
How do you verify me and my business?
What happens if my customer misses a payment?