“Scalapay is an innovative way to pay that allows clients to make purchases in physical stores and online, receive products immediately, and pay in three convenient equal instalments with a monthly due date.
The service does not charge an additional fee to the client if the instalments are paid by the due date.
When the purchase is made, the first instalment will be charged immediately (equivalent to a third of the total purchase amount). The next 2 instalments will be charged monthly.
First instalment: at the time of purchase
Second instalment: 1 month after the purchase date
Third and final instalment: 2 months after the purchase date
Scalapay pays the vendor the total purchase amount immediately and assumes all risks of fraud or failure to pay.”