CreditClick, Hanseatic Bank launch new payment method for ecommerce

CreditClick is a new payment method that enables retailers to provide their customers with a credit line during the payment process. Consumers can then use this credit to purchase the products of their choice. They must select CreditClick during the checkout process and enter their data to set up an account. This is followed by a credit check before the loan can be approved. If approved, the online purchase can be continued immediately. CreditClick can be used by payment service providers and various retailers in both the Netherlands and Germany. 

CreditClick enables customers to obtain a temporary loan for a predefined period of time to finance the purchase of consumer goods. Before agreeing to the loan, customers have clear insight into the cost of the loan and how many instalments it will take to pay it back. Repayments are made by direct debit. Thanks to CreditClick, European lenders can serve new and existing customers in the area of ecommerce. In Germany, Hanseatic Bank is responsible for the financing process from acceptance through to settlement. 

The CreditClick platform was developed to enable payment service providers and affiliated retailers to easily integrate it into online shops. Furthermore, payment service providers can offer retailers a payment method that does not entail extra costs.