CreditClick and Hanseatic Bank have launched a new payment method in the e-commerce sector. As of now, it will be possible for online retailers in Germany to accept transactions through CreditClick.
CreditClick is a new payment method that enables retailers to provide their customers with a credit line during the payment process. Consumers can then use this credit to purchase the products of their choice. They simply select CreditClick during the checkout process and enter their data to set up an account. This is followed by a credit check before the loan can be approved. The entire process from the online credit request to approval takes just a few minutes. If approved, the online purchase can be continued immediately. CreditClick can be used by payment service providers and various retailers in both the Netherlands and Germany.
Payment in instalments
CreditClick enables customers to obtain a temporary loan for a predefined period of time to finance the purchase of consumer goods. Particular emphasis is placed on transparency and repayment. Before agreeing to the loan, customers have clear insight into the cost of the loan and how many instalments it will take to pay it back. Repayments are made by direct debit. Thanks to CreditClick, European lenders can serve new and existing customers in the area of e-commerce. In Germany, Hanseatic Bank is responsible for the financing process from acceptance through to settlement.
The CreditClick platform was developed based on state-of-the-art technologies to enable payment service providers and affiliated retailers to easily integrate it into online shops. With CreditClick, it takes just a few days rather than weeks or months. Furthermore, payment service providers can offer retailers a payment method that does not entail extra costs.
Extra payment option
“We are extremely proud to announce the launch of CreditClick in Germany together with our partner Hanseatic Bank. This confirms our strategy of becoming a pan-European payment method. By accepting CreditClick as a new payment method, every online retailer can offer an extra payment option”, comments Jeroen Bosch van Rosenthal, CEO of CreditClick.
Gerrit Meier, Director of Payment & Financing Business of Hanseatic Bank, states: “We highly appreciate the cooperation with our Dutch partner CreditClick. They combine start up spirit with a high degree of professionalism and customer centricity. Thus, they perfectly fit into our commercial strategy for the ecommerce market.”