About Monthly Invoice
Here you can find the terms and conditions that apply between you and the store when paying by Monthly Invoice.
Through Monthly Invoice, you can gather all your purchases from one store during a month in one invoice, without having to provide your card or banking credentials.
- The invoice is sent to your e-mail.
- The invoice needs to be paid within 14 days.*
- Log in to Swedbank Pay to view and pay your invoices.
* The store can offer payments within 30 days from issuing the invoice, if specified when checking out.
Swedbank Pay is part of PayEx Sverige AB. When you pay by Monthly Invoice, PayEx Sverige AB obtains the payment acquiring rights, which means that your payment goes to PayEx Sverige AB. For contact information, please go to https://swedbankpay.com.
You always have at least 14 days to pay from the day an invoice is issued.
If you do not pay by assigned due date, an additional cost of SEK 60 will be charged for a written notice along with a delay interest of 19% plus the current reference interest, no lower than 20% in total. If we still have not received payment at this point, the claim can be handed over for debt collection. This can lead to further additional costs.
Credit Evaluation and Collection of Address Information
When you pay by Monthly Invoice, a credit worthiness evaluation is done which in some cases requires us to collect a credit report. As a subsidiary to Swedbank, we – when needed and the information is available – gather your credit and payment information from Swedbank. A credit report can also be collected from external business and credit reference agencies, such as UC. In such cases, you will receive a copy of the credit report either by post or e-mail, according to your choice.
Information about your address is collected from Statens personadressregister, SPAR.
Personal Data Management
You should always feel safe when providing us with your personal data. We do everything we can to protect it, prohibit unauthorized access, ensure that it is correct and only used for the purposes for which it was gathered, and that it is deleted when no longer needed for said purposes, for security reasons or due to other laws.
Your personal data is used, among other things, for providing you with the services that you have requested, performing customer analysis, communicating with you through marketing or surveys, performing credit or identity checks, as well as to counteract fraud, money laundering and the financing of terrorism. You can read more about how we manage personal data here.