Flexible payments give you more control over your budget without delaying your purchase. With Montonio, you can choose between two ways to spread the cost of your order: interest-free Pay Later options (Buy Now, Pay Later) and longer-term Hire Purchase instalment financing. All Pay Later (BNPL) options are completely interest-free, so you only ever repay the amount of your purchase.
Pay Later – Buy Now, Pay Later
Pay Later lets you complete your purchase today and settle the balance later, with an instant decision at checkout. You can choose from three fully interest-free options that adapt to the size of your order and how quickly you prefer to repay.
Pay Next Month
Minimum order: €30 | Maximum: €800
With Pay Next Month, you buy now and pay the full amount the following month in a single payment. There is no interest, and you see the exact due date before confirming your order.
Pay in 2 Parts
Minimum order: €75 | Maximum: €2,500
Pay in 2 Parts allows you to split your total into two equal, interest-free payments. The first part is usually paid at or shortly after checkout, and the second part is collected automatically on the agreed date.
Pay in 3 Parts
Minimum order: €75 | Maximum: €2,500
Pay in 3 Parts spreads your purchase into three equal monthly instalments, all interest-free. This can be a good fit if you want to keep monthly outgoings low while still receiving your order straight away.
All three Pay Later options are designed to be transparent: you see the exact payment schedule at checkout, and you only pay back the original purchase amount.
Summary of Pay Later Options
| Option | Minimum order | Maximum order | Interest |
|---|---|---|---|
| Pay Next Month | €30 | €800 | 0% — interest-free |
| Pay in 2 Parts | €75 | €2,500 | 0% — interest-free |
| Pay in 3 Parts | €75 | €2,500 | 0% — interest-free |
Hire Purchase – Spread the Cost Over Months
Hire Purchase is designed for larger or longer-term purchases where you prefer to spread the cost over several months or years. You can choose a repayment period from 3 to 72 months, with the flexibility to match your monthly payments to your budget.
Minimum order: €100 | Maximum order: €5,000
The exact monthly payment, total cost and any interest are shown clearly before you confirm, so there are no surprises. You know upfront how much you will pay in total and when each instalment is due.
Hire Purchase is provided by Inbank, with Montonio acting as the credit intermediary. This structure ensures regulatory compliance and clear responsibilities, while still giving you a seamless checkout experience.
How to Use Pay Later at Checkout – Step by Step
- Add items to your cart and go to checkout.
- Select “Pay Later” as your payment method.
- Choose your preferred option: next month, 2 parts, or 3 parts.
- Enter your details — you will receive an instant decision.
- Once your order is confirmed, your items ship as normal.
How to Use Hire Purchase at Checkout – Step by Step
- Add items to your cart (minimum order €100) and go to checkout.
- Select “Hire Purchase” or “Financing” as your payment method.
- Choose your repayment period — anywhere from 3 to 72 months.
- Review the exact repayment terms shown on screen, including any interest.
- Confirm and submit your application for an instant decision. Your order ships once it has been approved.
Frequently Asked Questions
Is Pay Later really interest-free?
Yes. All three BNPL options — Pay Next Month, Pay in 2 Parts and Pay in 3 Parts — are completely interest-free. You only repay the amount of your purchase, according to the schedule shown at checkout.
What if my order total is below the minimum?
You will need to reach the minimum amount for the option you want to use. You can add more items to your cart to meet the requirement, or simply choose a different payment method at checkout.
Does applying affect my credit score?
For Pay Later options, Montonio performs a soft credit check that typically does not leave a lasting mark on your credit file. Hire Purchase may involve a more detailed assessment, and the relevant terms are shown before you commit, so you can make an informed decision.
Who provides the financing?
Hire Purchase is provided by Inbank, with Montonio acting as the credit intermediary. This means your financing agreement is with Inbank, while Montonio powers the application flow at checkout.
If you have any other questions about how these payment options work, you can always visit our FAQ page or contact our support team.
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