Arta’s latest product gives collectors access to personal credit lines from $1,000 to $100,000+, allowing them to make 10 monthly payments over time while galleries, auction houses, and other sellers receive payment in full without assuming repayment or fraud risk.
Building on more than a decade of experience serving the art, luxury, and collectibles market, Arta Pay enables sellers to offer flexible financing online, in-store, and through invoices, with no processing fees or added financial risk.
Arta, the commerce infrastructure platform for the art, luxury and collectibles market, announces the launch of Arta Pay, a new personal credit line that allows US collectors to pay over time on purchases ranging from fine art and watches to jewelry and design.
Designed around the needs of collectors, Arta Pay gives them more flexibility in how they pay, with a deposit followed by nine fixed monthly payments and a flat finance charge known up front. Sellers receive payment in full within days, at no cost.
“We’ve spent years building the post-purchase technology that powers commerce across art, luxury, and collectibles, and Arta Pay builds on everything we’ve learned along the way while helping us lower the friction around the actual transactions themselves,” said Adam Fields, founder and CEO of Arta. “We’re bringing more flexibility to how people buy and sell in this market, making it possible for collectors to pay over time while sellers receive payment in full without taking on the financing risk.”
Much of the art, luxury, and collectibles market falls between a few thousand dollars and the low six figures, a price range where collectors have historically had limited financing options. Consumer financing products tend to focus on lower borrowing limits, while private banking solutions are typically reserved for much larger transactions, leaving a gap for collectors buying in between.
Arta Pay is designed to help fill that gap, offering personal credit lines from $1,000 to $100,000+, allowing collectors to finance individual purchases from a range of sellers across the art, luxury, and collectibles market and establish a broader collection budget. The online application takes just a few minutes. Most applications are decided in real time, and the soft credit check does not affect your score.
For art, luxury, and collectibles sellers, Arta Pay can be offered directly at checkout, whether online or in-store, or offline through an invoice for an individual transaction, supporting both e-commerce purchases and the more personal, relationship-driven nature of many high-value sales. Once a transaction is completed, Arta settles the full order value within five business days, assuming both the fraud and repayment risk. The service also carries no processing fees for sellers.
Arta Pay is now live and available for sellers to offer their customers, with businesses including Swiss Watch Expo and Rago Wright already using the service.
“Our collectors want flexibility in how they buy, and Arta Pay gives them that. It helps more bidders take home the works they love, with the option to pay over time,” said Richard Wright, CEO of Rago Wright. “For us, it means offering that flexibility without taking on credit risk or managing the financing ourselves. Arta already is a trusted technology partner of ours, so adding Arta Pay was a natural next step.”
Since their launch in 2021, Arta has worked with leading businesses across the art, luxury, and collectibles markets, including Sotheby’s, Bonhams, Arena Club, Artsy, and Swiss Watch Expo, among many others. Today, the company operates in more than 65 countries and has facilitated over $1 billion in item value. With the introduction of Arta Pay, Arta is building on its established commerce technology platform, which automates fulfillment, insurance, cross border movements and item visibility, to address another key part of the buying and selling process: how transactions are financed.
Courtesy of Arta