B2C Fixed Part Payment - Norway

Shop terms and conditions (information page)

Collector Fast Delbetaling

I samarbeid med Collector Bank AB tilbyr vi fast delbetaling. Når du velger Collectors fasta delbetaling sendes en faktura måneden som følger etter ditt kjøp. Følg din avbetalingsplan ved å betale inn det faste beløpet som fremkommer på din faktura. For å kunne benytte deg av Collectors delbetaling kreves at du må være fylt 18 år samt inngår en kredittavtale med Collector Bank før fakturaen forfaller til betaling. Dette gjør du enkelt ved å signere og sende inn kredittavtalen, se Mine Sider (minside.collector.no) for en beskrivelse av hvordan dette gjøres. Alle ekstra omkostninger fremgår i kassen når du velger fast delbetaling. Ved et kredittkjøp tas det på deg som kunde en kredittopplysning. Ved for sen betaling eller uteblivende betaling debiteres et purregebyr og forsinkelsesrente.

For fullstendige vilkår for Collectors fasta delbetalingar følg linkene nedenfor:

Alminnelige vilkår faktura og kontokreditt

Standardiserte europeiske opplysninger om forbrukerkreditt

Payment information in checkout

[Logo] Når du velger Collectors fasta delbetaling sendes en faktura måneden som følger etter ditt kjøp. Følg din avbetalingsplan ved å betale inn det faste beløpet som fremkommer på din faktura. For å kunne benytte deg av Collectors avbetalingskampanje kreves at du inngår en kredittavtale med Collector Bank og du må være fylt 18 år. Du finner ytterligere informasjon på www.collector.no.

Accept of agreement in checkout

[Checkbox] Jeg har benyttet meg av og aksepterer Collectors generelle villkår for faktura og kontokredit, standard europeisk brukerkreditinformasjon Og bekrefter herved og ha lest Collectors handtering av personopplysninger.

Calculation of monthly cost for fixed interest free part payment

The formula used to calculate the cost is the following:

(Order sum + (Invoice fee * Months)) / Months

Here's an example: if the total basket value is 3456 NOK, it gives the following calculation:

(3456 + (39 * 12)) / 12 = 327 NOK/month

Please note that an origination fee is added to the first invoice. The standard set of instalment plans and their origination fees and interest rates can be found in the table below, however, please refer to your merchant agreement with Collector to get the correct origination fee amounts.

Using the example amount above and an origination fee of 295 NOK, a first invoices lowest amount to pay would be 327 + 295 = 622 NOK.

Calculation of monthly cost for fixed annuity payment

The formula used to calculate the cost is the following:

CapitalDebt * (MonthlyInterestRate / ((1 + MonthlyInterestRate) ^ Months - 1)) + CapitalDebt * MonthlyInterestRate + InvoiceFee

Here's an example: if the total basket value is 3456 NOK, it gives the following calculation:

3456 * (1,8333% / ((1 + 1,8333%) ^ 24 - 1)) + 3456 * 1,8333% + 39 = 218 NOK/month

Please note that an origination fee is added to the first invoice. The standard set of instalment plans and their origination fees and interest rates can be found in the table below, however, please refer to your merchant agreement with Collector to get the correct origination fee amounts.

Using the example amount above and an origination fee of 295 NOK, a first invoices lowest amount to pay would be 218 + 295 = 513 NOK.

Please note

Please note that the amount to pay per month should be rounded up to the nearest integer, and the lowest amount is always 50 NOK.

Standard instalment plans

(Note! The fees and interest rates can differ depending on the agreement with Collector):

Instalment planStandard Origination feeStandard Yearly Interest rateStandard Notification fee
3 months Interest free95 NOK0%39 NOK
6 months Interest free195 NOK0%39 NOK
12 months Interest free295 NOK0%39 NOK
24 months Annuity295 NOK9,95%39 NOK
36 months Annuity395 NOK14,95%39 NOK

Hyperlinks

"Alminnelige vilkår faktura og kontokreditt" / "Collectors generelle villkår for faktura og kontokredit" https://cdn.collector.se/upload/Partners/Agreements/AGREEMENTCODE/Credit_terms_All_NO.pdf

Collectors handtering av personopplysninger https://www.collector.no/om-collector/integritet-og-sikkerhet/retningslinjer-for-personvern/ (The links to the General terms and conditions ("Alminnelige vilkår faktura og kontokreditt") and "Collectors handtering av personopplysninger" leads to static files located on Collector's server.)

"Standardiserte europeiske opplysninger om forbrukerkreditt / standard europeisk brukerkreditinformasjon" The SECCI ("Standardiserte europeiske opplysningen om fordrukerkreditt") have to be presented differently in the checkout and the purchase terms page. Due to regulations rearding Norwegian consumer rights, the end customer must be presented with individual SECCI's in the checkout based on the purchase amount and specific part payment fees. This means separate dynamic links are needed to show the precise credit cost for each Fixed Part Payment option, as the different options have different fees and interest rates. The fees can be fixed in the links (set according to the agreement you as a merchant have with Collector), but the basket value in the link needs to be dynamic depending on the end customers basket value when displaying the checkout (where the links are found). Below you'll find both the static SECCI for the purchase term page ("Purchase term page SECCI") and the Checkout SECCI's ("Checkout page SECCI").

Purchase term page SECCI Standardiserte europeiske opplysninger om forbrukerkreditt https://cdn.collector.se/upload/Partners/Agreements/AGREEMENTCODE/SECCI_NO.pdf

Checkout page SECCI https://commonterms.collector.no/seccipartpayment?purchaseamount=<BasketValue>&yearlyinterestrate=<YearlyInterestRate>&notificationfee=<NotificationFee>&repaymenttime=<CreditTime>&fixedpartpayment=true&arrangementfee=<OriginationFee>

Placeholders

<BasketValue> - The customer's current basket value (sum of alla articles in the basket). Eg "2999" <YearlyInterestRate> - The interest rate for the selected Fixed Part Payment product. EG for Interest free: "0". Eg for Annuity: "9,95" <NotificationFee> - The notification fee for the selected Fixed Part Payment product. Eg "39" <CreditTime> - Number of months on the selected Fixed Part Payment product. Eg "3" <OriginationFee> - The startup fee on the selected Fixed Part Payment product. Eg "95"

Collector's Standard terms for the Fixed Part Payment products

(Note! the fees and interest rates can differ depending on the agreement with Collector):

Fixed Part Payment TypeYearlyInterestRateNotificationFeeCreditTimeOriginationFee
3 months039395
6 months0396195
12 months03912295
24 months9,953924295
36 months14,953936395

An example of a complete dynamic SECCI would look like this for the standard 3 months interest free Fixed Part Payment product: https://commonterms.collector.no/seccipartpayment?purchaseamount=2999&yearlyinterestrate=0¬ificationfee=29&repaymenttime=3&fixedpartpayment=true&arrangementfee=95

You’ll receive your specific AGREEMENTCODE from your Partner Integration Manager during the setup.