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(USA πŸ‡ΊπŸ‡Έ) Camlist Financing Explained
(USA πŸ‡ΊπŸ‡Έ) Camlist Financing Explained

We can now finance the purchases of your buyers to help you find loving homes for your pets.

Adam avatar
Written by Adam
Updated over a week ago

Camlist has partnered with Afterpay and Klarna to help buyers with financing options for the pets they are looking to buy.

If buyers are looking to get a pet but don't have the full price available on hand, we will provide them with financing.

Basically, we will pay you the full price immediately, and they will pay us back in monthly installments with the help of this option.

Benefits to you as a seller:

  • Better affordability for a buyer to make a payment

  • Quicker deal completion and payments from buyers

  • Instant credit of the full amount to your balance

  • Zero risk for sellers in case the buyer misses an installment

  • No charges to the seller

Here is an example of the process, with a look at what the buyer has to do:

STEP 1:

The first step is to ensure the buyer is comfortable with the pet they are looking to get from you, and agree with the buyer on the price.

STEP 2:

Once you agree on a price, you then need to send the buyer a payment request by tapping on the "Request payment" button and entering the amount you want them to pay. To learn how to send a payment request, check out this article.

STEP 3:

Once you send the payment request, the buyer will find a button that says "Pay now" on their side, they need to tap this button to complete the payment.

STEP 4:

The buyer needs to choose to "pay in installments" through one of our financing partners and proceed as per the instructions shown to them.

STEP 5:

The buyer has to provide their contact information. The financing partner conducts an instant credit check on the buyer and approves or rejects the purchase in installments. The buyer will receive a breakdown of the payment. Note that the buyer does have some additional fees added as a cost of providing a safe payment service. There are no fees charged to you, the seller.

STEP 6:

Once the purchase is approved and the buyer pays the first installment amount, Camlist will deposit the FULL amount to your balance while the buyer pays us in installments. You will see a message in your chat with the buyer that says "Payment Paid".

STEP 7:

You will find the full amount deposited in your balance. Just go to your "Profile" screen and tap the "Balance" button.

The buyer has to tap on the "Confirm delivery" button on their side and attach a photo proof of pick up once they have received the pet, and the transfer of the full amount will be initiated.

You can then request a transfer of the money in your balance to your bank account by going to the "Balance" screen and pressing the "Transfer to my bank account" button.

ADDITIONAL SUPPORT:

If you need any help, just get in touch with the Support Team via the chat icon on the bottom right of this screen or through the top-right corner button in the app.

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