CEO Robert Schuijff – ‘etika was founded in 2014 by a group of tech entrepreneurs, that wanted to make fairer finance accessible to more people globally. We want to deliver fair and flexible financial products, in a socially responsible way’

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Why is etika’s Interest Free Finance fairer and why does it matter?

• etika charges no interest, account or late fees. So no surprises
• etika’s merchant fees are fair too
• etika does credit checks on all customers, as they believe in a responsible and fair approach to lending money

Research* shows that retailers find ethical and responsible lending more important than the number of customers that are accepted for finance.
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And yes, of course the topline and bottomline matter too. Interest Free Finance has shown to increase cart conversion and average order value and is a great alternative for credit-card wary shoppers. And etika’s merchant fees are very competitive.

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Give me a safe choice!

Shoppers like a choice and a safe one at that. Among global shoppers in 2018, the cart abandonment rate for retail orders was as high as 74.5%. Two of the drivers for cart abandonment are offering insufficient payment options and concerns around payment security.

etika not only delivers an ethical payment alternative at check-out, but also a safe one. Their platform employs industry-standard and bank-level SSL encryption, as well as a world-class firewall service to protect the customer’s data.

And Integration is quick and easy. The payment plugin is developed and supported in-house and in Australia. So they’re easy to reach if you need some extra help! Want to know more?

* Research conducted for etika amongst 400 senior decision-makers for retailers in the UK and Australia. January 2020.

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