Lending Platform

Buy-Now-Pay Later

This solution allows clients to select a financing plan at the point of sale in-store or online. Supported checkout options include

•  Virtual card (requires zero integration with merchant)
• E-Com platform integration*
• API-based integration* 
  
  

Open Invoice

With this solution the payment of a transaction is deferred by 30 days typically, while this period can be adjusted to market needs. Often, Open Invoice is combined with Buy-Now-Pay-Later solution, where the customer can choose to convert the invoiced amount after the grace period into a Buy-now-Pay-Later product.

Installment Plans based on Transaction Conversion

With this solution, a client can select credit card transaction and convert it into an installment plan. The ability to bundle different transaction together as one instalment, for example, to “finance” a weekend in Paris, also exists.

The solution even allows to convert transactions made via third-party payment tools. For example, when a person pays for a high-ticket item with a credit card or digital wallet issued by another company, the solution also allows consumers to convert this purchase into payment by instalments.

Unsecured Loans

Unsecured Loan is a loan type where instalment functionality is utilized and where the Client pays down the loan in fixed monthly instalment portions following a payment plan. The payback options are typically (but not limited to) equal monthly instalments, also called annuity loans. Multiple pay-out options (e.g., money transfer) are supported.

Credit Frame Loans

Client with a Credit Frame Loan will be granted a loan amount of the size of the credit limit of the account. When the actual loan balance is lower than the credit frame limit, the difference is disposable by the Client, and can be transferred using funds transfer.