Easy Payment Plans are subject to terms are conditions of the respective card issuing bank. Conversion to installment is at the discretion of the participating bank even if the customer credit line is in good standing
Yes, all bank installments are compatible with the provisions of Islamic Sharia, where a commodity is bought and sold in the form of tawarruq or Murabha.
Do merchants need to sign an agreement with the partnering Banks
No, we handle all agreements and eligibility conditions so that we display the best options to your customers
When do merchants receive their payments?
You get paid upfront, 100% of the purchase amount. Money is transferred in 2-7 days according to your agreement with Amwal.
How do I enable bank installment through Amwal
We automatically enable it for your customers when they are buying an eligible order, using an eligible credit cards. Make sure you use the latest release or contact customer support.
What is the limit for the installment amount?
The limit is defined according to every bank and is typically 75% of the credit line afforded to the customer. Som banks allow purchases up to 100,000 SAR
Can I have other Pay later options enabled on my store
Certainly, our button works in parallel with other payment flows.