Pay in 3 installments. No interest, no fees.

Pay in 3 is Riverty’s interest- and fee-free buy now, pay later (BNPL) solution. It allows customers to split a purchase into three equal payments, due at 30, 60, and 90 days after shipment. There are no interest or setup charges – late fees apply only if a payment is missed beyond the grace period. No surprises. For merchants, Pay in 3 helps improve conversion rates, reduce cart abandonment, and increase average order value without adding operational complexity. Riverty takes on the consumer credit risk entirely, paying out the merchant while managing the consumer relationship.

Once an order is shipped, Riverty automatically creates the installment plan and sends the customer an invoice with the full payment schedule. The customer pays via iDEAL or bank transfer. Three days before each payment is due, Riverty sends a reminder by email and push notification via the Riverty app. If a payment is missed, the outstanding amount rolls into the next installment. Late fees do not apply until day 107 – 17 days after the final installment falls due.

Pay in 3 is integrated via the Riverty Payment API. Once set up, installment payments are automatically available at checkout across the ecommerce experience; no manual intervention needed per transaction. Eligibility and plan availability are determined dynamically based on order value and consumer profile. Merchants have full visibility on performance through the Riverty Merchant Portal.

Yes – for the consumer, Pay in 3 is entirely interest- and fee-free, provided payments are made on time. There are no setup fees and no hidden charges. Late fees apply only from day 107 onward, and only on the outstanding amount, which is what makes Pay in 3 a genuinely differentiated offer compared to credit cards or traditional financing products.

Pay in 3 ecommerce integration addresses the most common point of checkout drop-off: cost hesitation on higher-value items. By spreading payments across 90 days at zero cost to the consumer, merchants typically see an increase in conversion rate, average order value, and repeat purchase frequency. As a BNPL payment option, Pay in 3 appeals to financially stable shoppers who prefer payment flexibility on principle – not consumers under financial pressure – which supports a healthier customer base.

Riverty manages the full payment communication cycle. Customers receive their invoice once the order ships, with the complete payment schedule included. Reminders go out three days before each installment is due, via email and app push notification. If a payment is missed, the amount is automatically added to the next installment. Riverty handles all follow-up communication, keeping the merchant’s customer service workload low.

If a customer misses a payment, Riverty automatically notifies them and sends reminders to help them get back on track. Customers also receive reminder emails before upcoming installments are due, helping them stay on top of their payment plan. If a payment remains outstanding, Riverty manages all follow-up and recovery activities, so the merchant doesn't need to get involved. 

Pay in 3 is currently available in the Netherlands, where customers pay via iDEAL or direct debit. For merchants looking to offer BNPL payment options across multiple markets, Riverty’s broader suite covers local consumer behaviour in each, including 14- and 30-day invoice, fixed installments, and direct debit.