MANCHESTER, England, January 25, 2011 /PRNewswire/ -- Camiloo have today launched a new and innovative plugin for popular ecommerce software Magento. The plugin allows UK based online retailers to offer instant credit to their customers, including 0% interest free credit, via Pay4Later's retail finance gateway.
Online retailers can immediately introduce finance offers by simply adding the plugin to an existing Magento store. The Pay4Later finance option is displayed at checkout and Express Checkout buttons can also be added to each product page. The customer can select from a choice of credit options offered by the retailer (for example 12 months interest free credit or 24 months classic credit) and specify a deposit.
Other plugin features include: configuration of finance options for each product, automated credit application management (accept, refer, decline, fulfill and cancel messages are automatically relayed) and support for custom Pay4Later account settings.
Mark Newby, Managing Director of Camiloo, said, "We started with the simple idea of making finance available to customers on Magento powered shops. By working with Pay4Later we've delivered exactly that. Customers can now apply for credit, sign their agreement and complete their purchase, entirely online in less than 5 minutes."
Scott Law, Managing Director of Pay4Later, added, "We're delighted to be working with Camiloo to give Magento retailers a great online finance solution. Mark and his team have done an exceptional job in delivering an easy to use plugin that fully integrates Pay4Later and Magento. Adding instant credit to your Magento store is now as simple as installing a plug in."
The Camiloo Pay4Later Plugin for Magento costs just GBP249 and is available to download immediately from http://www.camiloo.co.uk/shop/pay4later/. The plugin features the CamilooMageLicense System, which allows online store owners to trial the Plugin before purchasing a full license from within the software.
About Camiloo
Founded in April 2009, Camiloo Limited has grown from being a single developer with a single retainer contract to an international facing business with more than 300 clients worldwide in less than 24 months. This phenomenal growth can be attributed largely to a belief in the power of resellable software over single client projects. Camiloo's focus has been and will remain to be on offering online retailers and media companies off the shelf products and services which add value to their offering and enhance the relationship with their clients and customers.
About Pay4Later
Pay4Later is the UK's leading provider of online point of sale credit. Pay4Later makes it easy for finance companies and online retailers to work together to offer consumers great finance deals including interest free credit. Pay4Later works with reputable, established lenders including Secure Trust Bank (part of Arbuthnot Banking Group plc) to offer safe, secure, quick and easy online point of sale credit. Pay4Later is licensed by the Office of Fair Trading (Consumer Credit Licence: 0616240). For more information please visit http://www.pay4later.com/
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