Art Money, Afterpay and Zip
Once the transaction is confirmed from Bluethumb and the credit company (Art Money takes 2-3 business days, Afterpay and Zip 1-2 business days), the artwork is sent to the collector and artists are paid 7 days after delivery as normal.
Collectors then pay the remaining 9 instalments directly to Art Money (their transaction with Bluethumb and the artist is complete). If they are unable to make further payments, this doesn't affect the artists in any way, and is handled by Art Money's credit collection department. The sale is complete and irreversible.
In this method, the artist holds on to the artwork while the collector is paying installments (6 weeks). If they've made one or more instalments but fail to complete the remaining payment, the order is deemed cancelled and they're refunded in full. The artwork will be placed back as available and will be available for sale.