Installments upfront (sherut nikayon)

By default, the amount of an installment payment is credited in monthly parts, depending on the number of payments selected by the customer at checkout.

For example, if the amount was split into 10 payments, the funds will be credited as 1/10 of the amount over 10 months, as the customer’s card is charged.

However, the business can receive the full amount upfront — together with the first payout. The customer will still be charged in parts according to the regular installment schedule.

When using the «sherut nikayon» (שירות ניכיון) service, the credit company pays the business the full amount upfront (deducts an additional commission), and then collects the funds from the customer in parts.

Requirements

Since receiving the full amount upfront uses a credit mechanism, three conditions must be met before the service can be activated:

1. Business owner must be at least 21 years old.
2. Allpay must be used for at least three months.
3. Total turnover for the entire period must be at least 15,000 ILS.

These criteria allow the credit company to assess the business’s payment activity and reduce chargeback risks — situations where the business receives a payout for a significant amount, and the cardholder later claims that the charge was unauthorized.

Activation

The service is activated in <span class="u-richtext-element">Settings</span> ➙ <span class="u-richtext-element">Payment modules</span> ➙ <span class="u-richtext-element">Installments upfront</span>

After the activation request, we will send the documents for signature. Once approved by the credit company, the module will be enabled. The review usually takes 5–7 business days.

All installment payments received after the service is approved will automatically be processed using the full-amount crediting mechanism.

The service does not apply retroactively, meaning it does not apply to payments made before it was activated.

Deactivation

You can deactivate the module in the same modules section. Deactivation takes 5–7 business days. After deactivation, you will receive an email notification.

The module can be reactivated only after 30 days.

Commissions

The credit company charges an additional commission for accelerated crediting. The commission amount and calculation method are shown on the plan page.

It is not possible to split payments between regular installments without an additional commission and installments upfront with an additional commission. While the service is active, all installment payments will be processed through the upfront installments mechanism.