FullCB : Card payment in 3 or 4 installments
Sogecommerce has enhanced its payment gateway by integrating the FullCB payment solution, card payment in 3 or 4 installments with BNPP Personal Finance.
Card payment in 3 or 4 installments with BNPP Personal Finance allows buyers to safely fund their online purchases.
This solution offers buyers a payment facility to divide the payment of their order into 3 or 4 installments.
Administrative fees may be required in some cases.
These fees are to be paid by the buyer, unless the merchant offers a fee-free transaction. In this case, the administrative costs are covered entirely by the merchant. We invite you to contact BNPP Personal Finance for more information.
To offer the solution to its customers, the merchant is required to pay a contributory fee for a portion of the risk cost, which is contractually determined with BNPP Personal Finance.
Usually, a response is provided to the buyer immediately upon purchase. If the response is positive:
- The merchant account is credited with the amount of the order in accordance with the conditions established with BNPP Personal Finance.
- The buyer is debited with the 1st installment. If the merchant does not offer the administrative fees, they will be debited on this due date.
- BNPP Personal Finance is responsible for collecting the monthly payments from the buyer. He/she will debit the remaining 2 or 3 installments.
This payment facility applies to a period of less than 90 days and is therefore not subject to consumer credit regulations.