A customer choosing a high-value product may look for another financing route because of their card limit or payment plan. MagicPay checkout financing takes customers from checkout to a financing institution's application. Applications and outcomes stay connected to the order. Sales teams see where the customer is, while finance sees the business record of the completed transaction. Offered alongside card payments, this option lets customers consider a payment plan that fits their needs.
Make financing part of the purchase
The customer selects financing among the payment methods and proceeds to the relevant institution's application. The order reference is retained throughout. The payment outcome of approved financing is connected to sale confirmation, distinguishing an opened application from a completed collection. Your team follows the process without sending customers to recreate their order in another channel.
- A checkout option: show customers a clear route to continue with purchase financing.
- Institution-led application: run the required financing steps in the provider's own flow.
- Order-linked outcome: connect the application status and completed payment record to the same sale.
Create another option for high-value purchases
Make financing visible at the point of sale in sectors where payment plans matter, including electronics, furniture, home appliances and education. Checkout financing offers an assessment separate from the card limit. Customers see repayment periods and costs under the institution's terms, while your business brings financing options eligible for the product and sector into the payment experience.
Manage provider connections with one transaction model
Use financing institution connections within the shared payment infrastructure. Track which order generated each application and which provider outcome moved it forward. Transfers to your business follow the schedule and conditions in your agreement. Separating application outcomes from sale confirmation in the dashboard helps customer support and the team tracking financial records read the same status.
Continue from the original sale for cancellations and refunds
Keep the financing application and provider transaction reference when an order changes. A cancellation or refund is linked to the relevant sale and submitted to the institution's workflow; its outcome is followed in the same history. This gives high-basket-value stores, education services and omnichannel sales teams a shared point of investigation from application to after-sales.
Accept financed payments in three steps
Activate financing alongside your payment form and after-sales processes.
- 1. Match financing institution connections to your sales channel and add financing to payment options.
- 2. Start the application with the order reference; test approval, pending outcomes and completed-payment steps.
- 3. Follow sale confirmation and the provider transfer record; manage cancellations and refunds from the original order.
Financing decisions, interest rates, repayment periods and credit terms are determined by the relevant financing institution. MagicPay provides the technical workflow between the application and order.