Ratepay

#Buy Now Pay Later (BNPL)

Ratepay is a popular online payment method in Germany that allows customers to pay for their online purchases in monthly installments. This payment method is offered by many online […]

Certified payment providers 4
Market coverage 1
  • Germany
Currencies 4
  • Euro
  • Poland Zloty
  • Switzerland Franc
  • United Kingdom Pound
Description

Ratepay is a popular online payment method in Germany that allows customers to pay for their online purchases in monthly installments. This payment method is offered by many online retailers, including clothing, electronic equipment, furniture, and more.

Using Ratepay is relatively simple. When you place an online order, you can choose to pay with Ratepay at checkout. You will need to provide some personal information, such as your name, address, and phone number, as well as information about your income and employment, so that Ratepay can verify your creditworthiness.

Once you have been approved for installment payments, you can choose to pay for your purchase in multiple monthly installments. The number of monthly installments will depend on the online retailer you are making your purchase from, but most offer options ranging from three to twelve monthly installments.

It is important to note that using Ratepay may result in additional fees, such as processing fees or interest charges. Therefore, it is important to check the terms and conditions before using this payment method.

Overall, Ratepay is a convenient payment option for online purchases, offering customers greater financial flexibility and installment payment options for larger purchases.

Data not up-to-date?

Help us create the ultimate resource for payment methods! Share your knowledge and expertise and help us provide the most accurate and up-to-date information.
Any updates? Share your knowledge and expertise and help us provide the most accurate and up-to-date information.

SHARE YOUR INSIGHTS SHARE YOUR INSIGHTS

Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

Go to Top