Cofidis installment payments is a financing solution that allows customers to pay for purchases between € 75 - € 1,000 in 4 installments. Here is a page you can share with shoppers to explain how it works.
Note: You always get paid in full after the first transaction takes place, while your customer enjoys paying in 4 installments.
During the payment process, the customer must provide their ID number and an image of their ID. Then the customer can use their credit card or debit card to complete the payment.
The opening fee is divided into 4 installments and is automatically paid over a three-month period:
- The first installment is charged when the transaction takes place and is processed the following day
- The second installment will be charged on day 32
- The third installment will be charged on day 63
- And the final payment will be charged on day 90
If the customer selects Cofidis installment payments as their payment method at checkout, the response is immediate. They will receive a notification confirming if Cofidis accepts financing their purchase or not.