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Installment without a card from Electronet – tbi bank

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Installment without a card from Electronet – tbi bank

After trading networks and marketplaces, now in the logic of providing services Buy Now, Pay Later (BNPL)but also consumer loans, without the use of a credit card, trade groups involved in the sale of household electrical and electronic household appliances are also included, further intensifying competition in this sector. OUR Electronet continued in cooperation with tbi bank, providing customers of 40 still cooperating network enterprises with new convenient payment methods. Within the framework of this partnership, in particular, two services are provided: a) the BNPL service, available only for purchases up to 200 euros in four equal installments, all interest-free, b) for purchases up to 10,000 euros, financing with a fixed interest rate 30 to 60 months. “We are delighted that, through our partnership with tbi, we are providing a stronger and broader purchasing power for consumers. Even in this new crisis that we are facing in Europe, with the solution we offer, it will not be a luxury for a young person to buy their favorite game console, a high-quality smartphone or PC, home appliances or even an exercise machine. Giorgos Burlekas, CEO of Electronet, said.

For clients of 40 partner companies.

It is noted that Public-MediaMarkt provides the option to pay using the BNPL model in the electrical appliances sector, while Skroutz is expected to soon make a similar move for purchases through its marketplace. The latter has recently moved to the possibility of issuing consumer credits for purchases on the marketplace, a possibility that the Plaisio network also provides for online purchases.

Author: newsroom

Source: Kathimerini

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