PayLater^TB for entrepreneurs

Increase the turnover of your store thanks to the possibility for customers to pay for goods and services with tied consumer loan.
Your customers will no longer have to postpone the purchase of expensive goods until later.

Simple technical implementation

Online assessment and credit withdrawal in just 10 minutes

Potential for higher sales

Advantages

Improving the quality of the services you provide to your customers
Make it easier for your customers to buy goods or services and offer them a simple, fast and secure way to pay in installments
Immediate dispatch of purchased goods or services
After the provision of a tied consumer loan is approved, you will receive a message from the bank and you can ship the goods immediately.
Express crediting of payments
Payment for goods or services will be credited to your business account maintained at Tatra Bank immediately after the consumer loan has been drawn.
Responsive design
The customer experience is optimized for viewing on different devices and adapts to the screen size of the mobile device.

Purchase and payment process

In the shopping cart of your online store, the customer chooses the payment method PayLater^TB, in the case of a brick-and-mortar store, the customer makes an order with the seller, which the customer verifies by entering the order number and amount
the customer fills out an application for a consumer loan online
the funds will be transferred to your account automatically after the consumer loan has been drawn down
you can ship the goods on the basis of a binding notification from the bank

Loan parameters

consumer loans can be used to finance goods and services in the amount of 100 to 30 000 EUR
the customer can choose a consumer loan repayment period of 6 to 96 months
a consumer loan can be obtained by a natural person, a citizen of the Slovak Republic with a permanent residence in the Slovak Republic, between the ages of 18 and 64, with income from employment, business or pension

Terms of service

To use PayLater^TB, the following conditions must be met:

you are an entrepreneur registered in the OR SR or ŽR SR and the owner of a business account maintained at Tatra banka or another bank in Slovakia,
your store must not offer goods or services and contain any information that is in conflict with the legal order of the Slovak Republic,
you are a supplier of goods or a service provider in a store and you perform the activity in your own name (you are not an intermediary),
you conclude a contract with the bank on the provision of PayLater^TB service or through PayLater^TB portal
you set up your electronic environment according to the technical specification for the implementation of the service, in the case of a brick-and-mortar store, you connect the store to PayLater^TB portal according to the instructions specified in the contract

Procedure for service activation

We provide two options to activate our service

1. Access via plugin

If you prefer fast and efficient implementation, you can use a plugin.

How to activate the service:

visit one of the sites where the plugin is publicly available
you can find available plugins for these platforms on the tatrapay+ website
then follow the instructions on the selected page
to connect the plugin, you need to register on the Developer portal, where you generate an API key and an application password.

Advantages:

immediate access to the service
no API knowledge required
no implementation costs

2.Access through the API interface

If your e-shop is created on a platform for which a plugin is not yet available, you can also use the service via the API interface