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Sofinco

#Installments

Sofinco is a French financing company that offers credit solutions to individuals and businesses for the purchase of consumer goods such as cars, furniture, household appliances, computer equipment, etc. [...]

Certified payment providers 4
Market coverage 27
  • Austria
  • Belgium
  • Bulgaria
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Ireland
  • Italy
  • Latvia
  • Lithuania
  • Luxembourg
  • Malta
  • Netherlands
  • Poland
  • Portugal
  • Romania
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
Currencies 4
  • Euro
  • Poland Zloty
  • Switzerland Franc
  • United Kingdom Pound
Description

Sofinco is a French financing company that offers credit solutions to individuals and businesses for the purchase of consumer goods such as cars, furniture, household appliances, computer equipment, etc.

For individuals, Sofinco offers consumer loans, personal loans, revolving credits, and installment payment solutions to facilitate the purchase of goods.

For installment payments, Sofinco offers a solution called “3 times CB” which allows customers to pay for their purchases in three installments without any fees. Payments are made using the customer’s bank card and are automatically debited on predefined dates.

In addition, Sofinco also offers credit cards that offer benefits such as discounts with partners, loyalty programs, and insurance. Customers can manage their accounts online and track their transactions in real-time.

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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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