Damascus Venezuela resumes payments with up to 12 installments in Cashea

The Venezuelan chain of Damasco stores announced the reactivation of its credit purchasing system through the Cashea platform, once again allowing payment in 6, 9 and 12 installments for purchases over 100 US dollars.

According to the information, the promotion is available starting today, November 12. The initial amount that users must cancel will depend on the level they have in the Cashea application. Level 3 customers will pay 30%, level 4 customers 25% and levels 5 and 6 20%.

This measure represents a relief for frequent buyers, after Cashea modified its conditions on October 13. The above, establishing a single initial fee of 40% and eliminating the 9 and 12 installment plans, as reported by CriptoNoticias.

With the promotion of Damascus, which has more than 40 branches in Venezuela, more flexible conditions are temporarily restored that characterized users of advanced levels within the system.

By reopening the extended plans, the company resumes its position as one of Cashea’s main commercial allies. This, in a context where consumer loans, as well as the use of the stable cryptocurrency USD Tether (USDT), have become a key tool for Venezuelan households.

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