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Tuesday, March 19, 2024

VTB-Electronica deal lets shoppers obtain credit quickly

The Georgian branch of VTB Bank said on Tuesday that it has formed a partnership with Electronica Co. that will allow customers to purchase products online with financing.

With this partnership, bank clients will be able to make purchases from the company online, and they can fill out applications to make payments with financing on large electronics and appliances from Electronica.

VTB said approval for financing should be available within an hour either online or via text messaging on a mobile device during business hours.

The bank posted a maximum financing limit at $2,460.16 over a maximum term of 24 months. The applications are available through both companies' respective websites.

VTB Group is based in Russia, with subsidiaries and branches throughout the Commonwealth of Independent States and in Europe and Central Asia.