PAYLATE™

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The "Credit Line" LLC company offers a new service for its customers and e-commerce websites, named "PAYLATE – Trust-Based Payment". The idea of this service enables the customer to purchase a product or a service from an e-commerce site first, and pay for it later. The customer is offered a directed loan service, but, unlike classical schemes existing today, the loan is given to the customer online, and the whole process of approving the loan for purchasing specific goods takes 15 to 20 minutes, without even customer leaving his computer. To implement this service, an e-commerce site has to execute the steps from the "Integration Guidelines" section of this manual.
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