Payment by installments in monobank
Instant free installments that double the offer quantity for your customers
Business Benefits
A simple credit procedure enables clients to commit to a purchase and business for a more significant profit
Sales growth
Once there’s a possibility to pay in installments on the website, sales increase at least by 30%.
Increase in the average bill
Fast and super-easy online installment loans enable clients to purchase goods of a higher cost or several commodity positions at a time.
Fast transfer of funds
The client pays half the price of the purchase cost while shopping, yet you get the total sum automatically
How does the payment by installments work?
- A customer adds an item to the cart and chooses the payment by installments option from Monobank.
- A customer points out a registered phone number in the bank.
- A customer proves the payment in the Monobank app.
- The customer gets a paid item or service and pays monthly loans.
What business will profit from such a payment type?
Household appliances and electronics stores
Furniture selling stores
Clothing and footwear stores
Baby goods stores
Travel agencies
Construction supplies stores
Jewellery stores
Sports clubs
How to enable installment purchase from monobank
1
You activate the service of receiving payment via the Tranzzo platform.
2
You set the payment by installments from Monobank via direct integration.
3
Once you select a new payment method, it appears on your payment page.
Expand your reach and tap into new opportunities with Tranzzo's cutting-edge payment solutions
Create an account to start integration, or reach out to our manager and clarify the details