The Next Chapter, page-4994

Ouch. This is not Splitit

In the Visa Installments trial with Scotiabank, the customer pays the fees associated with using the installment plan. Here are the key points:

Fee Structure

• Customers are charged an installment fee when using Scotia SelectPay, Scotiabank's branded version of Visa Installments.
• The fee is a percentage of the total purchase amount, typically up to 3%.
• The exact fee varies depending on the plan length chosen (3, 6, or 12 months).