Scalapay

#Buy Now Pay Later (BNPL)#Installments

Scalapay is an online payment method that allows consumers to make purchases online and pay for them in installments, in a simple and flexible manner. It is a buy […]

Certified payment providers 3
Market coverage 14
  • Austria
  • Belgium
  • Denmark
  • Finland
  • France
  • Germany
  • Italy
  • Luxembourg
  • Netherlands
  • Norway
  • Portugal
  • Spain
  • Sweden
  • United Kingdom.
Currencies 1
  • Euro
Description

Scalapay is an online payment method that allows consumers to make purchases online and pay for them in installments, in a simple and flexible manner. It is a buy now, pay later payment solution that enables users to spread the cost of their purchases into multiple equal payments, without any additional fees or interest.

The functioning of Scalapay is quite straightforward. When you make an online purchase on a Scalapay partner website, you can choose Scalapay as the payment option. You will need to create a Scalapay account and provide some personal information. Then, the total amount of your purchase will be divided into several equal installments. The first payment is typically made at the time of purchase, while the subsequent payments will be automatically deducted at regular intervals (e.g., monthly) from the credit or debit card you have registered.

It is important to note that Scalapay does not charge any interest or additional fees for using its service. However, if you miss a payment or fail to comply with the agreed-upon payment terms, late fees may be applied.

Scalapay is available in multiple countries and is used by many e-commerce websites in sectors such as fashion, cosmetics, electronics, sports goods, etc. This allows consumers to spread the cost of larger purchases over a longer period, making the purchase more affordable and accessible.

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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.

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