The price breakdown is an easy and effective way to let your customers know how much they will pay weekly for a product if they purchase it using Laybuy.
The price breakdown is supported by a pop-up, which customers can click to learn more about how Laybuy works.
The pop-up includes important information that must be available to consumers who are considering using Laybuy.
To help you display the price breakdown and pop-up, we have partnered with major eCommerce platforms to integrate an approved price breakdown template and pop-up onto your website.
These integrations make it easy for you to display the approved price breakdown template on your product page, in a customer cart and at checkout.
Two options have been approved – one colour option and one black and white option.
The Learn more link must connect to the following pop-up:
You must not undertake any activity that disables or amends the How It Works pop-up in any way.
Price breakdown conditions of use:
The Laybuy price breakdown is considered to be a Financial Promotion. All Financial Promotions are required by law to be approved by an FCA approved person. You can learn more about Financial Promotions and the law here.
The price breakdown template and the pop-up template in this resource library have been approved by Product Partnership Limited (PPL). Product Partnerships Limited is authorised and regulated by the Financial Conduct Authority (firm reference number 626349) and is authorised by the FCA to approve Financial Promotions.
This approved price breakdown template can only be integrated onto your website through the appropriate eCommerce platform, and displayed subject to the following conditions:
You must not amend or alter this template. Amending the template will mean it is no longer approved and this will mean you will be making an unauthorised financial promotion. This is a criminal offence that can result in fines or imprisonment.
This price breakdown template is only approved for display on product pages on your website, within a customer’s cart and at checkout. It must not be recreated and displayed anywhere else, including in any promotional material to your customers.
Other than the Laybuy payment icon (which can be displayed alongside other payment icons), you must not include any additional contextual or promotional information about Laybuy on a page that is displaying the price breakdown. This includes Laybuy banners or tiles.
If you wish to create your own version of the price breakdown, then you will need to have this approved by an FCA authorised person. See Creating your own price breakdown for further information.
eCommerce platform integrations
We are currently in the process of rolling out our approved Laybuy breakdowns through the following eCommerce platforms:
We will provide regular updates to merchants as we roll out the approved price breakdown and pop-up, including instructions to ensure the approved template is being displayed correctly on your website.
Creating your own price breakdown
We strongly encourage merchants to use a Laybuy price breakdown integration available through one of our preferred eCommerce partners. This will allow us to manage any changes that might be required in the future on your behalf.
If you do wish to implement a customised a price breakdown, the preferred wording option is:
- 6 weekly interest-free payments of [price]
A customised price breakdown must include the Laybuy logo and a link to the How it Works pop-up whenever it is displayed. The pop-up is available here.
If you wish to create your own version of the price breakdown, you will need to have this approved by an FCA authorised person. Laybuy requires all financial promotions featuring Laybuy to be compliant with relevant regulations, and this includes being approved by an “authorised person”.
The FCA operates a public register that you can search for firms that provide regulated activities in the UK.