Uzbek payment service Paynet has launched an installment payment service with zero down payment through its Paynet Nasiya product.
The service is available across more than 400 partner locations throughout Uzbekistan. A customer submits an installment limit request to a bank, the bank approves the application and sets the available credit line, and the buyer can then select goods or services at any partner merchant. The purchase is financed against the bank-issued limit, with no initial down payment required.
