Long Term Credit Journey Germany

Run a Long Term Credit Journey for German Buyer

Run a Long Term Credit Journey for German Buyers

Run a Long Term Credit Journey is a four steps process:

Long Term e-financing credit solution is proposed by HANSEATIC BANK SG, our subsidiary for Germany.

1. e-Financing Long Term Credit journey for German buyers This step is executed by the producer (HANSEATIC BANK). This journey is a few screens credit experience of which the buyer will complete its credit application before getting a pre-acceptation from the bank.

2. Confirmation page on e-commerce website After pre-acceptation from the bank, the buyer will be redirected on the e-merchant confirmation e-website page. The merchant will have to access the GET credit/v1/subscriptions/{creditSubscriptionId} API in order to get the resulting status. The status could be either PRE-ACCEPTED or REJECTED (cf. attribute field "consolidatedStatus").

3. When Status is PRE-ACCEPTED, the buyer will be redirected to the KYC and e-signature journey managed by a bank partner (WEBID).

4. Since contract is signed, the bank will confirm final acceptation. On daily basis the merchant will have to access the GET credit/v1/subscriptions/{creditSubscriptionId} API in order to get the resulting status. The status could be either ACCEPTED or REJECTED. If ACCEPTED the merchant can deliver the goods to the buyer.