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If you don't have a credit card but want to cash purchases, know that it is possible and we will teach you.

Buying in installments is something popular among Brazilians, whether via credit card, credit card or even bank slip.

It allows a large part of the population to have access to goods and services that they would otherwise not be able to pay for.

However, not everyone can buy in installments.

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Some, because they don't have a credit card, which, in turn, requires a clean name and a high score.

Therefore, it is more difficult to obtain credit in the market, especially if the name is registered with the SPC/Serasa.

According to data from Serasa Experian, more than 24 million Brazilians cannot access credit in the market due to their low CPF score.

In this way, most people try to make purchases in installments, without the need for a credit card.

And thinking about it, some Fintechs offer products that can be paid in installments by users.

In other words, they bet on a business model known as Buy now, pay later, in free translation:“Buy now, pay later”.

This option basically works as a kind of credit card, which uses Artificial Intelligence for quick analysis of credit release. 

The coolest thing is that all of this is done online, in most cases, via the app or WhatsApp. 

Want to know more? Let's explain.

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What is Fintech?

fintech is nothing more than a term that emerged from the union of words financial and technology

Fintechs work like startups that were created with the purpose of innovating and optimizing financial system services. 

These companies have much lower operating costs compared to traditional institutions in the sector.

In this way, we list some Fintechs that allow you to do cash purchases, without needing a credit card.

Nubank

At the top of the list, and perhaps the best known, is Nubank, which grants credit to account holders. 

In this way, Nubank allows its customers to buy and pay later for purchases made using debit cards. 

The function is a great alternative that can be used in different situations.

For example, paying in installments for purchases that do not offer the installment option, when the credit card limit is low, among others.

You can split purchases up to 12 times and the total amount must have been paid in cash, for purchases that cannot be paid in installments.

Then, perform the following procedure:

Go to the purchase you want to pay in installments and click on the option “Pay for this purchase in the future”

It will appear in your history.


Also read:

How to get free shipping coupon on Shopee.

How to get a low score credit card.


Next, select the option “Pay later”;

After reading the terms, click “Continue”;

In the next step, simulate the terms of payment terms and confirm

You will be informed that the amount paid has automatically returned to your account.

For example, if you made a purchase of R$ 200.00 and paid it in 2 installments, in the next two months you will have to pay R$ 100.00 + interest.

The amount is automatically debited from the Nubank account 

However, the total transaction amount cannot be less than R$ 30.00.

good for credit

Bom pra Crédito has had an online credit marketplace since 2013. 

Fintech started working with the aim of providing Direct Credit to the Digital Consumer — or Digital CDC. 

Thus, CDC Digital's proposal is to be another payment option to help online stores increase sales.

At the same time that many stores suffer from abandoned carts at checkout, many of them, due to lack of payment options.

You choose the desired product, add it to the e-commerce cart and choose the fintech CDC as a payment method. 

Just provide the requested information, such as RG and CPF and the profile will be analyzed for credit release. 

In this way, upon approval, purchases are released, according to the value of the cart. 

However, the purchase must have a minimum value of R$ 300.00.

The maximum amount is R$25 thousand and there is still the option for the first payment to be made within 30 days. 

now do cash purchases it got easier, no need to have a credit card.