Easypay and Santander Consumer Finance present a new digital consumer credit solution


The pandemic has accelerated online shopping. A trend that has been felt globally, and that has driven other business areas, including digital credit financing. Consumers increasingly prefer to carry their bank with them in their “pockets” and perform as many transactions as possible in their cell phones. This is why e-commerce finance has been the focus of easypay, as well as Santander’s consumer finance and auto finance division.


What is Santander Consumer Finance – easypay?

With the Santander Consumer Finance solution, your customers can apply for credit online when shopping in your e-commerce store. This online solution allows them to make payments with secured financing in minutes.

This partnership is the answer to a specific market need, especially for higher-value purchases such as electric bicycles, household appliances, computers or mobile phones, and home furnishings, whose value may not be supported by the traditional payment cards. It was from this scenario that easypay and Santander decided to join forces to find a technical and legal solution that would, on the one hand, be simple to use and, on the other, relieve the administrative burden that still exists when granting credit. An offer that combines speed and convenience for the client with the best in the market in terms of risk prevention.


How does it work?

In short, these are the main features of the easypay solution – Santander Consumer Finance:

  • Personal Credit – home purpose or other purposes.
  • Available for purchases between 250€ – 6000€.
  • Maturity from 6 to 48 months.
  • Credit Insurance available and optional.
  • Available for nationals with a valid Portuguese Citizen Card and over 18 years old.

The customer chooses this option at the checkout as with any other means of payment. Then, customers are directed to the Santander Consumer Finance page where they must prove their identity, choose the desired monthly installment, and digitally sign the documentation.


What are the advantages for merchants?

  • New way of payment for personal loans.
  • Merchants do not need to be a Credit Intermediary (because easypay is the Credit Intermediary).
  • Increase in the average purchase value.
  • Reduced shopping cart abandonment rate.
  • Easy and fast integration.

Discover all advantages here.


What are the advantages for customers?

  • New payment method using financing.
  • Possibility to make purchases of greater value.
  • Available online.
  • 100% digital.
  • Fast and simple process.


Which brands have already adopted the easypay Santander Consumer Finance solution?

This solution is already available in the online stores of brands such as Xiaomi, Huawei, Samsung, iStore, KTM, Kia, Peugeot or Citröen. For this, easypay established a partnership with Santander Consumer Finance which consists in “making available to its customers (merchants) a new means of payment in their digital stores: online credit”, explained Sebastião Lancastre, CEO of easypay.

All easypay merchants that have integration via API or easypay checkout can offer this payment method after submitting their application, which will be reviewed by easypay and Santander Consumer Finance in about 5 days.

If you are not an easypay customer, the first step is to join directly on the website under “Join” by completing the onboarding process. Simply select the Santander Consumer Finance payment method. Start the signup process here.