Visa Installments aims to provide an innovative, differentiated solution that will help the payments ecosystem meet the increasing demand for buy now, pay later alternatives.
Consumer Benefits: Eligible cardholders will have expanded purchasing options, empowering them to decide how and when they may pay for items with the cards already in their wallets/digital wallets. Shoppers can leverage existing credit with their banks, without submitting new loan applications, credit checks, or downloading a new app.
Merchant Benefits: Offering installments at checkout has been proven to increase the average purchase total and shopping cart conversion rate.4 With a single integration, merchants may enable installment offers for eligible cardholders from participating issuers, without customers needing to sign up for a new service.
Issuer and Acquirer Benefits: With Visa Installments, issuers can offer their cardholders the added benefit of flexibility with the cards they already have. Acquirers will be able to offer new value-added services as part of their seller offering.
SPT Price at posting:
53.0¢ Sentiment: Hold Disclosure: Held
