Russia-based horizontal Avito has begun to test installment payments for purchases on its marketplaces, website reports.

The pilot has not been officially announced by the company, but an staffer reportedly received an alert in the Avito app informing them of the possibility of making purchases on credit.

Users get access to up to RUB50,000 ($550 U.S.) in credit from partner bank Home Credit to be repaid in four installments. The first payment must be made within a month of making the purchase, and the bank charges a fee equivalent to 10% of the cost of goods purchased on credit.

Eligible goods costing between RUB15,000 and RUB50,000 are tagged on Avito.

To apply for credit, users must select a pick-up point and pay for delivery in advance. They then have to verify their identity with the bank and sign a credit agreement. The credit period is activated upon receipt of the goods at the pickup point. If for some reason the goods do not arrive, shipping costs will be refunded.

After receiving the goods, the payment schedule is displayed in the user’s personal account, where a “loan repayment” button will appear. After this, the goods cannot be returned.

Pay by installments is not available for goods with the “14 days return” icon, and only private sellers can offer goods on credit.

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