13th June 2016

Ukrainians can split their Internet purchases payments into parts

Оnline loan on “1,000 and 1” Internet platform

Clients of more than 1,000 Ukrainian Internet platforms plugged in to LiqPay payment service will be able to buy goods on credit in a few clicks using the service “Instant installment”.

PrivatBank has implemented a loan facility for consumers on the Ukrainian e-commerce market, which allows clients of e-stores to pay for purchases over UAH 1,000 in 10 installments. For now, there are over 1,000 retailers and service outlets, connected to the LiqPay payment service that are able to sell their goods on credit in one click.

“Many entrepreneurs have already become convinced of the popularity and utility of this service and have seen considerable growth of their sales. The value that an e-shop owner and buyer get by using “Instant installments”, has become a driving force in the development of e-commerce in Ukraine”, – says Evgen Vasiltsov, Head of the PrivatBank “Pay partly” project.

During a purchase visitors of e-stores and websites which are plugged to LiqPay will be proposed to use the “Pay in installments” form, where a client may, at his discretion, take a loan for a term of 10 months. During the first two days of the service, online loans at e-shops were issued to 753 persons and totaled over UAH 2 mln.

Besides e-shops, over 100 thousand offline stores, including all the largest Ukrainian retail chains selling equipment, mobile phones, clothes, shoes, etc. are attached to the “Instant installments” service. The service is also available at 12,652 self-service terminals of PrivatBank. You can connect to online lending and get online advice at your profile.

PrivatBank Press Center

+380 92 716-08-81