S7 Airlines, member of oneworld global alliance, and “Kupi-ne kopi” internet service, a Home Credit B.V. subsidiary, launched a joint pilot project in the area of online credit provision for purchase of tickets.
Now S7 Airlines passengers may purchase tickets at the carrier’s website on credit. “The joint project with Home Credit allows us to offer our passengers more opportunities in terms of planning their journey. Now there is no need to postpone your vacation, because you can purchase a ticket at once. We hope that the passengers will appreciate this service and the project will be a success so we will be able to establish a long-standing partnership”, - Dmitry Chuyko, E-Commerce Director of S7 Airlines, said.
“We are the first airline in Russia to offer a unique pilot project – online credit provision for purchase of tickets. From year to year citizens of Russia perform more flights. And our new simple and convenient service will help them plan their journey. A client is free to choose loan term and decision on his credit application will be taken almost immediately, the amount overpaid will not exceed 10% of the ticket price”, - Milan Tomanek, head of PR Home Credit International, explained.
In order to purchase a ticket on credit the passenger should enter his personal data at www.s7.ru and then choose “Payment on credit” payment method. The airline will temporarily book a ticket for the passenger and redirect him to the “Kupi-ne kopi” service website in order to formalize the credit agreement: the passenger will be able to choose the loan term and loan amount. The maximum loan amount is 50 000 rubles. The interest rate is 29,9%. There is a special calculator at the “Kupi-ne kopi” website, which helps the clients to calculate the amount overpaid. After choosing suitable credit terms the client should submit his application - it will be considered within 15 minutes. After the loan is approved the bank will notify S7 Airlines and the ticket will be issued and sent to the passenger’s e-mail. Only round-trip tickets can be purchased on credit. A credit may be granted only to a person performing the flight. The client’s financial solvency is assessed by rules similar to the bank’s ones.