How it works
From the QR code to the last instalment. This is every step and who is responsible for what.
The merchant creates a request
They enter the purchase amount and show you a QR code or send you a link.
You open the request on your phone
You see the merchant, the product, the price and the available financing options.
The bank reviews the request
The partner bank reviews the request and offers exact terms: instalments, dates, interest, fees and the total.
You accept the offer
You see all terms before confirming and finish the bank's process.
The purchase is completed
Once the bank confirms, the merchant is told it can hand over the purchase.
You repay the bank
You pay your instalments to the bank under the agreement. An overview in the AMIO app is in development.
Who is responsible for what
For customers
The bank approves the financing. AMIO helps you follow your purchase and obligations.
For merchants
AMIO connects your sales with the bank. Payouts follow the financing partner's terms.
For banks
AMIO provides the technology and distribution layer. The credit decision, funds and collection stay under your control.