Barclaycard Germany has partnered with Amazon to offer financing for purchases made through Amazon.de above EUR 100
The partnership will enable Amazon’s customers to pay for their purchases in instalments directly during the checkout process, while also having the option of setting up instalment payments for their future purchases.
Barclaycard Germany will offer purchase financing through Amazon.de at a competitive APR of 7.69%, enabling users to use the agreed rolling credit line added to their wallet on future purchases. Consumers can also choose to make one-off repayments or pay the balance early in full.
Moreover, Barclaycard announced the launch of Barclaycard Payment Intelligence (BPI), a service using in-depth data analytics for equipping procurement departments with a fair picture of their supply chain-driving cost efficiencies. The service comes to help customers develop the right payment solutions for their various suppliers quickly, IBS Intelligence stated.
Vassil Gedov, Country Manager, Payment Products, Amazon Deutschland comments:
“Every day we strive to improve the offers and options available as part of their shopping experience. The new purchase financing service offered in collaboration with Barclaycard is the next big step towards this goal.”
Tobias Griess, CEO of Barclaycard Germany adds:
“We could not have wished for a better partner then Amazon for the start of our purchase finance offering. Through this new and customised service, we provide Amazon customers with a fully digital and user-friendly payment-by-instalments option. With this new collaboration, Barclaycard Germany complements its credit card and consumer credit businesses with market financing in Germany.”
