![]() Information and decisions gathered through these processes are required to be recorded. Travel Vouchers / Refund Credit Note sent to the customer directlyĬustomers who had a cancellation due to COVID-19 are eligible for a full refund, including airline or travel company cancellations.Ĭustomers cancelling or rebooking due to quarantine measures - the loan is still owed by the customer and full refunds are not guaranteed. This right is expressed in the Credit Agreement, SECCI, and PCE documents provided to the customer on the day of application.įly Now Pay Later can also attempt to recover funds from travel providers in the case of arrears or cancellations.Īny funds recovered will be applied against the account, against the oldest outstanding balance paid first.Īny remaining balances will continue to be collected through the collections and recovery process. Our APIs are dynamic but there are 3 fixed elements that must be separate and do not overstep each other: pre-credit check, pre-contract signature and post-contract signature.įly Now Pay Later reserve the right to cancel a customer’s travel arrangements with the travel provider when the customer is in default under the agreement. it makes it a more costly solution and the implementation timeline is usually longer compared to the first option. As the solution needs to be developed from scratch by the client. ![]() The API solution is the one that provides more flexibility to the clients in terms of customisation and front-end design. This solution is very easy to integrate by the clients as it is already developed by FNPL which makes it the cost and time saving option. The widget itself uses our backend API to run the experience and to get the dispersal token that will be used for fund settlement. The widget is rendered using an SDK which includes a JavaScript Library. The solutions clients can choose from are the widget and the API. Payment instruments used: Slice it & Flex Basic.Business model: Offering 0% APR installments from 4 months to 12 months.Our mission is to harness financial technology and make travel accessible and affordable for every consumer around the world.īuy Now, Pay Later/Instalments/Pay by invoice Implementation requirements (non technical)Ĭheckout's product is implemented in the merchant's checkout page - in a very high level context the only non technical requirement is having a checkout/payment gateaway page for the merchant. ![]() Strategic partnerships with industry leading travel brands such as, , TravelUp, Malaysian Airlines, Southall Travel, Sri Lankan Airlines, Singaporean Airlines, and many moreģ billion of addressable travel bookings translating to 15+ millions of originations p/m UK Licensed Credit Intermediary (Fly Now Pay Later Limited)įronting bank partnership with Cross River Bank (FDIC) UK Licensed Lending Vehicle (Pay Later Financial Services Limited) Revenio Capital, BCI finance, Shawbrook bank, Taurus Wealth No gimmicks or hidden fees - the total you see at checkout is always what you’ll actually pay.įree early repayment - You can repay early with no extra chargesĪirlines, cruise lines, travel agencies, and tour operators The beauty of using the Fly Now Pay Later app is that you can pay off the cost of your trip even after you've returned.įly Now Pay Later offer travel loans ranging from USD 100 to USD 3000, depending on your credit profile and travel plans. If customers want to pay over a longer period, Fly Now Pay Later lets customers spread the cost over 2 to 12 months with a low deposit and interest billed monthly. This interest-free (0% APR) option allows customers to split their purchase into 2,3, or 4 equal monthly payments. ![]() Travellers can spread the cost of their trip over 1-12 months. What are the main payment solutions that Fly Now Pay Later offers? Via the phone in-store: Contact any one of our merchant’s via phone or in-store and ask to pay using Fly Now Pay Later. Online: Select Fly Now Pay Later as your payment method when checking out at any one of our merchant’s websites. There are different ways to use Fly Now Pay Later:ĭownload the app: Downloading the app, you will have access to the virtual credit card with your credit limit to be added to any Travel Brand of your choice. We enable customers to spread the cost of a trip over up to 12 monthly instalments by partnering with leading travel merchants or directly to consumers through our 'Anywhere' app. Fly Now Pay Later is an alternative payments provider developed exclusively for the travel sector. ![]()
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