The eLayaway program is a patent pending online payment process designed to make products and services easier to afford. This fiscally responsible payment option allows for partial payments to be made over time without interest fees. Like the standard layaway system, services are rendered once all payments have been made in full.

How It Works

• Pay over time. Similar to traditional layaway, eLayaway lets shoppers buy a product online and pay for it in regular automatic installments, with delivery upon payment in full.
  
  
• Set the schedule. Since shoppers set the payment schedule and amounts within merchant specified parameters, every purchase can be tailored to fit any budget or lifestyle.
  
• Shop with trusted merchants. Shoppers can use eLayaway with participating merchants just as they would any other payment option.

Benefits

1. No credit checks or special qualification. Prior credit problems often keep consumers from getting a credit card and paying for purchases over time. eLayaway has no credit check, and anyone 18 years or older can participate.
   
   
2. Payment flexibility. With eLayaway, the member sets the payment schedule and amounts within the merchant specified options, and payments are automatically withdrawn each month from his or her bank account.
   
   
3. More buying power. By letting shoppers pay for the products they buy over time with minimal fees, eLayaway offers another way for consumers to make their purchases without tying up credit or subjecting the purchase to high-interest credit card fees.
   
   
4. A tool for planning ahead. Smart shoppers use eLayaway to plan ahead and pay over time for products they want in the future. Whether itís travel, a seasonal wardrobe or college tuition, eLayaway lets shoppers plan ahead and buy on their terms.
   
   
5. Freedom from credit cards. For customers who are near or beyond their credit limit or those who simply want to avoid high interest credit card fees, eLayaway is the smart choice for making purchases over time.
   
   
6. No hidden charges or mounting interest. Credit cards charge interest every month until a purchase is paid off, with APRs often exceeding 20%. eLayaway makes shopping painless by eliminating hidden charges and monthly interest fees. Customers pay a one-time transaction fee of just 1.9% on the initial purchase price--no matter which payment schedule they choose.
   
   
7. No risk. Customers have the right to cancel their purchase and will receive a refund less a standard cancellation fee of $25.

Security

• Trusted partners. eLayaway has partnered with trusted experts like HSBC, ControlScan and IDology to ensure the security and integrity of every transaction.
  
  
• Protecting consumers' identities. Identity verification measures are integrated into the eLayaway system to prevent fraudulent purchases.
  
  
• Maximum accountability. To ensure full accountability, all eLayaway payments are stored in separate merchant escrow accounts until the transaction is completed.
  
  
• Keeping data safe from hackers. The eLayaway payment module has built-in 256-bit SSL encryption to keep transaction data secure. Additionally, eLayaway has partnered with ControlScan who tests the site weekly for vulnerability.

Elayaway Is For Everyone!

• Planning ahead. For consumers who want to avoid the cycle of debt and plan for the future, eLayaway is a tool for keeping spending on track with larger financial goals.
  
  
• Shopping smart. For consumers who want to pay over time for the products they want in the future, eLayaway puts shopping on their schedule.
  
  
• Getting back on track. For consumers with overextended credit, eLayaway provides an opportunity to reign in excess credit card debt, while still buying the products that they want.