Also finally available in Italy is the payment in installments For your Amazon purchases.
This is a function still in testing phase and not available for all products and all customers.
The news had been in the air for quite some time and now seems to be practically official, given also the appearance of a page on the terms and conditions for installment payments.
How does Amazon's installment payment work?
Installment payment on Amazon is available For new products sold and shipped by Amazon and for new or refurbished Amazon certified devices.
With Amazon installment payments, the amount is divided into Equal installments with no fees or additional costs. Installments are charged at regular intervals from the date of shipment.
Here is a summary diagram.
| Monthly installment no. | Debit date |
|---|---|
| 1 | Shipping Date |
| 2 | 30 days after the Shipment Date |
| 3 | 60 days after the Shipment Date |
| 4 | 90 days after Shipment Date |
| 5 | 120 days after the Shipment Date |
With this important change there will be many more opportunities for vendors to increase sales Of high-priced products.
What are the requirements?
To be eligible to pay in installments, however, certain requirements must be met:
- be residents in Italy;
- have a Amazon account Active for at least one year;
- be holder of a valid credit or debit card associated with one's Amazon account;
- have demonstrated reliability in meeting payment times and deadlines in the past (payment history will be the basis for this).
In addition, it should be remembered that you will be able to buy in installments only one product in each category.
Useful Links
Faq
No. Only for new products sold and shipped by Amazon and for certified new or refurbished Amazon devices.
Payment is to zero rate.
No, there are no additional costs or fees.
