PayU introduced a new way of online shopping financing, bringing additional options to Romanian shoppers
PayU has announced that a new credit solution is now available to Romanian shoppers.
Bucharest-based online retailer eMAG is the first partner to offer its customers the possibility to either postpone a payment or to pay in 4 installments for all categories of products either in its own offer or for products sold by sellers active on the eMAG Marketplace.
PayU’s credit solution is available to Romanian shoppers in two separate options:
- BNPL, where the shopper postpones the payment for 30 days without any additional costs
- payment in 4 equated monthly installments (SLICE IT), where the first installment is paid at a transaction date and the rest across a three-calendar month period.
In order to use these payment methods, customers must save their payment card in their eMAG account and opt for one of the new payment methods upon completion of their purchase at checkout.
PayU is planning to offer this newly launched credit solution to all of its partners in Romania in due course, once the initial pilot with eMAG is complete.
We’ve reported that Brits spent over £2B on delivery and returns fees over one month.