Payment Plan Solutions

Payment plan solutions are purchasing options that enable customers to pay for products in installments over time.

What Are Payment Plan Solutions?

Payment plan solutions give consumers convenient ways to pay for products over time, which is particularly important for big-ticket items that might turn shoppers away. These solutions include: - Buy now, pay later - Installments - Long-term financing with interest-free periods Each of these payment plan solutions meets consumers' demands for flexible payment methods. In many cases, brands and retailers partner with payment providers to enable payment plan options at the point of sale (POS). Consumers simply select their preferred payment option when making a purchase in-person or online and then pay off the total price of the product in installments over time.

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