Installment Payments
Are you looking to buy now and pay later? We're thrilled to introduce our new Installment Payments, in collaboration with Amazon Payment Services. Here’s how you can effortlessly spread the cost of your purchases over easy monthly installments.
Using Installment Payments at Checkout
- Select Your Items: Browse our shop and add your desired products to the cart.
- Proceed to Checkout: Once you're ready, proceed to the checkout page.
- Choose Installment Payment Option: Look for the Installment Payment option provided by Amazon Payment Services.
- Enter Credit Card Details: Fill in your credit card information and wait for the installment options to pop up before you complete the purchase.
- Choose an Installment Plan: Select a suitable installment plan based on your bank's offerings and complete the purchase.
- Confirmation: After the transaction, you'll receive a confirmation via SMS or email, while we receive the full transaction amount upfront.
Supported Banks and Payment Details
We currently support the following banks for installment payments: ADCB, Ajman Bank, Al Hilal, Arab Bank UAE, CBD, CBI, Deem Finance LLC, Dubai Islamic Bank, Emirates Islamic, Emirates NBD, FAB, HSBC, Mashreq, Mawarid Finance, RAKBANK and Standard Chartered Bank (SCB).
- ADCB: Offers installments for purchases starting at AED 500, with interest rates from 0.70% for short-term plans (3-9 months) to 0.99% for longer terms (12-36 months).
- Ajman Bank: Requires a minimum purchase of AED 1500, with a flat profit rate of 1.50% for 3-6 month plans and significantly lower rates of 0.009% to 0.01% for 9-36 month plans.
- Al Hilal and Arab Bank UAE: Accept installment payments on purchases of at least AED 1000, charging 0.33% for 3 months and 1% up to 12 months, after which the bank decides the rate.
- CBD, CBI, Deem Finance LLC: Installments are available on purchases starting from AED 500 to AED 1000, with a consistent interest rate of 1% for up to 12 months.
- Dubai Islamic Bank, Emirates Islamic, ENBD: Offer zero-interest rates on selected installment plans for minimum purchases defined by each bank.
- FAB: Has a minimum threshold of AED 500 and interest rates that begin at 1.20% for 3 months, decreasing to 1.10% for plans extending to 36 months.
- HSBC: Sets minimum purchase amounts and interest rates based on merchant preferences, while Mashreq requires special approval for its installment services with a standard 0.89% rate.
- Mawarid Finance, RAKBANK, Standard Chartered Bank (SCB): Provide installment options starting from AED 500 to AED 1000, with various interest rates, including some plans at 0% interest.
The processing fees are specific to each bank, with some like Arab Bank UAE, CBD, and RAKBANK charging a fee of AED 49 for certain plans, and Standard Chartered Bank levying up to AED 98 for longer-term plans.
This structured overview offers a clear summary of the installment options available, helping you to choose a payment plan that fits your budget and purchase needs.
Disclaimers
- No Guarantees: All information provided here is without guarantee. Banks can change their rate at any time. Please get in touch with your bank for detailed and confirmed rates.
- Accuracy of Details: Ensure that all payment details are correct before finalizing the payment to avoid full upfront payment.
- Final Payments: Once a full payment is processed, switching to installment payments is not possible.