Description:
Founded in 2018 by two South African entrepreneurs, FASTA Credit for Checkout offers consumers an alternate method to fund and pay for their online and in-store shopping purchases using an instant short-term loan. Currently, a first-time applicant is able to apply for instant credit between R500 and up to R4500, with repayment terms up to 3 months. Existing customers are able to borrow up to R 8000, which can also be paid in up to 3 months. Customers are able to access Credit for Checkout in two ways:
1. Applying directly on the FASTA website – The customer is able to choose between having the loan value loaded to an electronic voucher, which is sent to their mobile phone and which can be presented to the till point in order to pay for goods, or we will pay the funds into the customers nominated bank account;
2. Choosing the FASTA payment option of any participating online retail site - We settle the retailer on the customer's behalf for the online purchase. The entire application process is wrapped in a slick and intuitive user journey, delivering a personalized, quick and hassle-free user experience, with the same speed and convenience of using a credit card.