AfterPay Consumer Terms & Conditions

The AfterPay Consumer Terms & Conditions contain Terms & Conditions for all AfterPay Payment Options:

AfterPay Invoice Options

14-day Invoice
Campaign Invoice
Consolidated Invoice

AfterPay Part Payment Options

Fix Installments
Flex Payment

I. Terms & Conditions for AfterPay Invoice Options

1. Who can pay with AfterPay Invoice Options?

You must be 18 years old, have a Norwegian ID number and a Norwegian address entered in the National Registry. This address cannot be a PO box address. By choosing AfterPay, you consent to Arvato Finance AS obtaining details of your credit history. Payment with AfterPay is conditional on a satisfactory credit check. If the invoice is not paid, you consent to your credit details being passed to Gothia AS. Arvato Finance AS may transfer and/or pledge the debt.

2. Why do you credit-check me?

Unfortunately, there are people who abuse the right to buy on credit and have no intention of paying for the goods they receive. A credit check reveals your creditworthiness and any recorded late payment notices.

3. What does it cost?

The only cost you may be billed for when you shop with AfterPay could be an invoicing fee charged by the webshop.

4. Late Payments?

In the case of late payment, there will be a reminder charge in accordance with the current laws and regulations. Interest will also be charged according to the Norwegian Act on interest on overdue payments.

5. Communication

We will send invoices and information to you by e-mail to the address you gave when you selected AfterPay. All information is also available on MyAfterPay, upon login with that respective email address. It is your responsibility to ensure that you have a valid e-mail address where AfterPay can reach you at all times. AfterPay always reserves the right to send information to your address from the National Registry.

II. Contractual Terms & Conditions for AfterPay Part Payment Options

1. What is AfterPay Flex Payment?

With AfterPay Flex Payment, you can opt to gather all your purchases with AfterPay into one monthly invoice. The minimum amount to be paid will be shown on the monthly invoice. You can pay off your balance whenever you like without incurring any further costs.

2. What is AfterPay Fixed Installment?

With AfterPay Fixed Installment, you can split the amount over a specified number of months. You can then pay a fixed amount per month until the whole amount has been paid off. You can pay off your balance whenever you like without incurring any further costs.

3. Who can use AfterPay Flex Payment/AfterPay Fixed Installment?

You must be 18 years old, have a Norwegian ID number and a Norwegian address entered in the National Registry. This address cannot be a PO box address. With a few exceptions, the Minimum Order Value has to amount to a minimum of NOK 200,-. Payment with AfterPay Flex Payment/AfterPay Fixed Installment is conditional on a satisfactory credit check. If these conditions are breached, you consent to your credit details being passed to Gothia AS.

4. Applying for an AfterPay Flex Payment and AfterPay Fixed Payment

Applications for credit within AfterPay’s part payment options may be made either via the (1) the Merchants digital touch points or via (2) MyAfterPay.

(1) Following a purchase, an invoice will be distributed digitally, or by post, to the consumer. On the invoice the consumer will receive a link to the MyAfterPay digital touch point with the call to action to sign the credit agreement.

(2) The choice of a part payment done within MyAfterPay, after previously having selected an invoice solution at checkout, triggers the signing of the credit agreement directly.

5. Credit assessment and approval of credit

To receive credit it is required that the consumer submits all requested information and then gives approval of the Contractual Part Payment Terms & Conditions. If this does not happen then an invoice will be generated informing that the amount shall be paid in full.

The consumer has the option to submit information and approve the contractual terms and conditions for the AfterPay Part Payment options via MyAfterPay up until the time when the invoice is transferred to debt collection.

In connection with an application for credit, AfterPay performs a credit assessment whereby AfterPay assesses whether the consumer has the economic capability to fulfill the payment obligation. The credit assessment is based on information regarding the consumer that AfterPay obtains from credit information agencies as well as the information provided in the consumer’s application and information AfterPay already might possess.

6. Failure to pay

Late payment will incur a reminder charge, in accordance with the current laws and regulations. In the case of a serious breach of the payment commitment, the whole amount will fall due and your AfterPay Flex Payment/AfterPay Fixed Installment agreement will be terminated, in accordance with the Financial Agreement Act.

7. Communication

AfterPay will send invoices and information to you by e-mail or by mail to the address you submitted when you selected AfterPay. All information is also available on MyAfterPay, upon login with that respective email address. It is your responsibility, to ensure that you have a valid e-mail and postal address so AfterPay can communicate with you at all times. AfterPay always reserves the right to send information to your address from the National Registry.

8. What does it cost?

The costs for AfterPay Flex Payment consist of a monthly charge of NOK 45 and annual interest, currently 19.50% of the credit amount. The interest is capitalised each month.

  • Start-up charge:: NOK 0
  • Monthly charge: NOK 45
  • Annual interest: 19,5%

Example: If you spend NOK 5,000 and split the payment across 9 months, your effective interest rate will be 45.09%. The total borrowing cost will be NOK 820.

The costs for AfterPay Fixed Installment consist of a start-up charge, a monthly charge and annual interest for the 12, 24 and 36-month options. The interest is capitalised each month.

  • Start-up charge:: NOK 95 (3 months), NOK 195 (6 and 12 months), NOK 295 (24 and 36 months)
  • Monthly charge: NOK 45
  • Annual interest: 0% (3 and 6 months), 9.95% (12, 24 and 36 months)

Example: If you spend NOK 5,000 and split the payment across 6 months, your effective interest rate will be 37.75%. The total borrowing cost will be NOK 465.

Revision Date: 12.05.2018 
Version Number: 1.20

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