The retail giant does not stop in its efforts to offer new services to attract more customers to its huge marketplace and Pay in 4 Amazon is the new option with which your customers in Spain will be able to finance your purchases in four installments.
How Amazon Pay in 4 Works
The new Amazon Pay in 4 financing system is carried out through the financial institution Cofidis, who will be the one who approves and manages the postponement. This financing has no interestsbut beware, there is one opening commission of 2.50% of the requested capital.
In addition, you will have to , the first of them being the amount you want to pay, since to choose the Pay in 4 Amazon option you will have to make a purchase of at least 75 euros.
This purchase does not necessarily have to be for a single product, so you can fill your cart until you exceed this minimum amount. However, it is not that you can include everything you want, since it also there is a maximum amount of 1,000 euros, so if your purchase is in the middle of these amounts, go ahead! You will be able to use this new payment method… at least in almost all your purchases.
Another limitation of Pay in 4 is that is not available for baskets containing certain products such as: gift vouchers, digital products such as music, video, Kindle books, games or apps, nor for pre-sale or out-of-stock products, and of course, as we said at the beginning, you must be a user of to apply for this financing.
How to choose payment in installments on Amazon
If you meet all the requirements, to use Amazon Pay in 4 you must choose the products you want in your shopping cart, and when you start the payment process, after indicating the address and delivery options, you must change the payment method to “financing” with the option “Pay in 4” found under the debit or credit cards you have registered on the platform.
By selecting this box, you will have to confirm by clicking on “use this payment method”, and you will be automatically redirected to the Cofidis website in which you will be asked for certain personal information, such as your basic data and your ID number of which you must also upload a copy of the front and back.
Finally you must include your bank card detailseither debit or credit, and after that the site will take you to the payment gateway of your financial institution to confirm the purchase, and of course pay the first installment.
Amazon Installment Payments Highlights
Without a doubt it is a great help to be able to make our purchases in installments, however you must pay attention, since the Amazon Pay in 4 system clearly establishes that you must pay in four installments, but with this it does not refer to four months to pay them, since the term to complete your payment will be 90 daysand the first installment is paid immediately.
However, refunds will be made in the same way as with any other payment method, The amount paid will be refunded, including the commission for opening the financing.
And if the returned product is part of a large order, installment payment will be recalculated subtracting the amount from the cost of the product that you have returned.
Have you already tried this new Amazon payment method? Tell us how your experience has been.
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