Invoice Payment by Instalment

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B2C

  • If you are looking to increase your sales of products and/or services to consumers through your online store
  • If you sell products and services to consumers who would like the freedom to divide up their payment and buy on credit or pay the whole purchase amount in connection with their next statement
  • If you use PayEx Payment Portal in your online store

Benefits

  • Recognise the profit from the sale directly in your income statement
  • We will do the credit checks on your new – and existing – customers and remove the risk that your customers will be unable to pay
  • Offer your customers to divide up their payments over a longer period when you sell higher-value goods in your online store

Description

PayEx Payment by Instalment gives your customers the opportunity to divide up the payment of the invoice you have created in your online store. (See Invoice Purchase) Along with the original invoice your customer will receive an offer to divide up the payment over a longer period of time. Any credit costs in the form of interest etc will be charged to your customers.

Price

The service is an add-on service which is provided free of charge if you are using PayEx Payment Portal in combination with our Invoice Purchase service. Any funding costs (interest, arrangement fees, etc) will be paid by your customer.

PayEx Invoice Purchase is quoted individually based on your repayment ability and the value of the collateral (the invoice).

Financial services are offered in combination with other PayEx services, such as PayEx Payment Services, creating opportunities for customer loyalty discounts on favourable terms.

PayEx Factoring is priced as follows:

  • Amount per invoice
  • Percentage of the invoice amount

Terms and conditions

Payment by Instalment is an add-on service for customers using PayEx Payment Portal for online stores.

Invoice Purchase is an add-on service for customers using PayEx Invoicing Service, PayEx Payment for online stores or PayEx Billing services.

A funding agreement is signed for a minimum period of 12 months

Invoice Purchase comprises the following:

  • Invoices created in your online store or normal business operations
  • Invoices for which a debt collection process has been initiated
  • Older invoice receivables, i.e. Long-term Monitoring

Customers

Contact us