ChannelX Logo
Search
Close this search box.

Amazon Pay Monthly offers buyers credit on items over £400

Amazon UK is offering buyers credit to pay for their their purchases over £400.

Billed as Amazon Pay Monthly, buyers are subject to a credit check and the deal is provided by Hitachi Personal Finance. A decision is promised within a minute.

Check out the official page here. As they say:

“Pay Monthly is a programme which offers loans to pay for eligible orders on Amazon.co.uk, which are then repaid in instalments. Amazon acts as a credit intermediary and credit is provided and administered by Hitachi Personal Finance. Hitachi Personal Finance is a trading division of Hitachi Capital (UK) PLC, which is authorised and regulated by the Financial Conduct Authority.”

Of course, Amazon itself already offers loans to sellers based on performance but this scheme for buyers is new. It’s not new, plenty of other retailers offer such schemes, but it’s good news for sellers of higher value items nonetheless.

RELATED POSTS..

ChannelEngine achieves top-tier Amazon partner status

ChannelEngine becomes top-tier Amazon Platinum Partner

First ever UK Amazon Book Sale launches this April

First ever UK Amazon Book Sale launches this April

Philips, Here We Flo and Green People UK talk building brand success on Amazon

Philips, Here We Flo and Green People UK talk building brand success on Amazon 

Biotiful Gut Health on Amazon as part of a balanced omnichannel strategy 

Biotiful Gut Health on Amazon as part of a balanced omnichannel strategy 

Amazon Sellers Summit - Reckitt, Frasers Group Zesty Paws and Unilever unlock profitability on Amazon 

Amazon Sellers Summit – Reckitt, Frasers Group Zesty Paws and Unilever unlock profitability on Amazon 

ChannelX Guide...

Featured in this article from the ChannelX Guide – companies that can help you grow and manage your business.

Register for Newsletter

Receive 5 newsletters per week

Gain access to all research

Be notified of upcoming events and webinars