Instalment payment removes the price barrier for expensive products. The buyer sees a monthly payment instead of the full amount and makes the purchase decision much more easily. For the store this means higher average order value and conversion in the segment of products above 2,000 UAH.
We connect instalment and partial payment services to OpenCart and ocStore: Monobank Chastynam, PrivatBank Rassrochka, Credit Agricole and others. The buyer selects the number of months directly during checkout.
With instalment payment the store receives the full order amount from the bank immediately. The bank assumes non-payment risk. Partner registration with the bank is required for connection — we assist with the process.