Offer your cardholders endless opportunities: let them buy what they want, when they want, and how they want.
Mastercard Instalment Payment Services lets your cardholders break the cost of big purchases into bite-size monthly chunks. Offer a more personalised solution while always staying in control by choosing which cardholders are offered the instalments service. It’s optional and can be used at any time, from any approved card or device.
Pre-purchase
Pre-approved access to funds
↓ Cardholder selects “Instalment on next purchase” from the menu
↓ They create an instalment plan
↓ Plan is calculated
↓ They review and confirm the plan
↓ Complete transaction in-store
↓ Receive a push notification to confirm instalments (optional for issuer)
During purchase
When flexibility is invaluable
↓ At POS, or during online checkout, transaction amount is displayed with the option to pay in instalments
↓ Cardholder selects ‘pay in installments’ and chooses how many payments they would like to make
↓ Confirm the fees and the total cost
Post-purchase
For better control and payment terms when budgets are tight
↓ Selects a past transaction to convert into instalments
↓ They’re prompted to create an instalment plan
↓ They review and confirm the new instalment plan
Screenshots may be simulated
Higher spend
Big ticket items are more attainable and manageable when cardholders have the option to pay in instalments, which helps you drive volume and spend on card.
Stand out
Differentiate by offering cardholders another way to pay that’s easy to use and allows for better budget control.
Satisfy cardholders
Give a better experience before, during, or after purchase through the card terminal, online or via mobile app.
APIs are popular for a reason
APIs create a smooth integration process with your existing digital solutions and they help to create a better experience for your cardholders – before, during or after purchase.
Deliver real time calculation with our powerful and flexible calculation engine
Embedded in our network, our calculation engine gives your cardholders an instalments calculation at the terminal or during online checkout. Plus, with flexible fee calculations, the fee can be added before or after APR is calculated.
Mastercard Instalment Payment Services at a glance
Cardholders select their instalment plan and make their purchase. Our Mastercard Instalments Platform enables a smooth transaction approval and leaves your cardholders happy.
