Installment Management Service

Enable Installment plans for cardholders.

Note: Visa’s installment solution APIs are under development and the features, functionality, implementation, branding and availability may be updated, changed or cancelled at Visa's discretion.  Access to these APIs are subject to Visa’s additional terms and conditions. Issuer is solely responsible for its own installment program, including compliance with law and any applicable terms and conditions.

The Installment Management Service allows you to enable installment offers on credit or debit cards as applicable in your market, thereby allowing the issuers to provide more flexible payment options to their cardholders at different points in the purchase journey.

available for use by:

Issuer Banks

PRICING

Free to use in Sandbox. Contact Visa for pricing and commercial details to use in Production.

Provide more flexible payment options to your customers

The Installment Management Service allows you to enable installment offers on credit or debit cards as applicable in your market, thereby allowing the issuers to provide more flexible payment options to their cardholders at different points in the purchase journey.

Key Features

Issuers

Available to all participating issuers

Double visa card

Can be enabled on credit or debit cards as applicable in your market

reconcilation

Leverages existing accounting and reconciliation

No credit assessment

No new credit assessment

APIs Included

Installment Plan API

This API allows you create eligibility parameters at a cardholder level and update when needed. Note: Visa developer dashboard allows you to create and manage different installment plans by creating installment plan attributes including, but not limited to, tenure, valid period, interest rate and fees to the merchant and/ or cardholder.

Plan Acceptance API

This API allows you to retrieve the list of confirmed or cancelled installment transactions for a given time period.

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