The new consumer payment option.
For more information about Ezi-Pay as described below, please download the factsheet or full Certegy brochure or call us:
- In the UK call: 0845 600 1343
- In all other international territories call: + 44 121 410 4100
- Or email: ezipay.uk@fnis.com
On this page:
What is Ezi-pay?
Ezi-Pay is the new consumer payment option. A unique and genuinely interest free option that retailers can now offer their customers.
It enables your customers to purchase goods and services on the day, simply by making an initial payment and spreading the remaining balance over time. This can be via direct debits from their bank account or recurring payments from their credit card.
Ezi-Pay is a retail sales generator - without risk! If they don't pay you, we will.
It has been developed to make it easier for your customers to buy from you whilst protecting your cash flow. Ezi-Pay provides both single outlet and multiple chains with a cost effective means of offering credit facilities to their customers.
Ezi-Pay will help you up-sell, cross-sell, create promotional packages and turn lookers into buyers by providing a deferred payment option. By offering Ezi-Pay, you can help make both impulse purchases and unforeseen expenditure more affordable. It can help you clinch the sale.
Ezi-Pay offers flexible terms to allow you to gain optimal benefit from the service. And the absence of punitive interest charges engenders customer satisfaction and loyalty.
With the added benefit of certainty of payment, you can increase your sales and profit - risk free!
How does Ezi-Pay work?
Certegy deal with the customer application at the time of the purchase and give an instant decision by 'phone. Over 9 out of 10 Ezi-Pay credit applications are accepted, and this is considered to be high - this means more business can be transacted with more customers.
We then collect the recurring payments for you, and if they don't pay you, we will !
Dependant upon your service requirements we agree:
- A minimum initial payment (% of the transaction value to be taken at the point of sale).
- A maximum balance (the maximum account of credit to be spread over monthly instalments).
- A maximum repayment term (the maximum number of months the instalments are to be spread over).
How fast is an Ezi-Pay application at the point of sale?
Once you've negotiated the sale with your customer and agreed the initial deposit payment:
- Complete a short half page application
- Contact us by phone for immediate authorisation
- Send the application to us
The entire process takes minutes.
How does Ezi-Pay compare to a conventional finance option?
Traditional finance rejection rates vary widely. Due to our unique risk management system we accept over 9 out of 10 Ezi-Pay credit applications, and this is considered to be high by most retailers. Most applications are approved within 45 seconds. All of this means more business can be transacted and in less time!
In addition, consumers have become increasingly aware of finance options with back dated or excessive interest charges.
With Ezi-Pay, there's no minimum finance amount, no interest charged to your customer, virtually half the paper work and a fraction of the usual approval process time.
What is also included in the Ezi-Pay offer?
- A fully outsourced payment option; we carry out all the administration, processing, debiting and crediting functions
- Comprehensive management information and reporting
- Full on-site training and retail consultancy
- Sales and marketing material including all stationery and point of sale material
- 24/7 service availability
Ezi-Pay means payment certainty
You can be certain that you will receive each monthly instalment when it is due. Even if your customer defaults your monthly payments are secure with Ezi-Pay.
Ezi-Pay really is the easy option for you and your customer!
More sales, No risks. No problem!
Ezi-Pay is currently available to retailers operating in the UK only.
(A variant of this service is also available from Certegy in Australia and New Zealand.)
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