ELAY Standard eLayaway members use our automated layaway payment process to buy items available at authorized eLayaway merchants. eLayawayADVANTAGE members receive waived transaction fees and also get the added benefit of having their payment activity reported to PRBC® Credit Bureau to construct their FICO® Expansion® Score.

All monies are held in a holding account at HSBC Bank until the member has saved sufficient funds to purchase their product or service. elayaway charges the retail client a monthly flat fee and the consumer a small fee (currently a flat 1.9%) on the total amount of their purchase.