FirstData.com
Omni-channel Installment Payment Solution
Buy now, pay later platform
Online or in-store, our installment payment solution enables customers to pay in four installments over six weeks with zero interest and no hard credit checks. You get paid today and your customers pay in equal installments of 25 percent automatically deducted from their linked payment card every 14 days.
Merchant benefits
• Increase conversion rate, topline sales and basket size
• You get paid today; your customers pay over time
• No point-of-sale (POS) integration required
• Fast eCommerce implementation with no API integration
• Supports customer spend of up to $1,000
*Internal studies. Individual results may vary.
Offer payment choice – Increase consumer spending power
Drive new, incremental and repeat business
Increase conversion rate and topline sales by up to 30%*
Average basket size up more than 20% and as high as 60%*
Increase in repeat customer rate between 50–80%*
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For more information about our installment payment solution, please contact your Sales Representative.
Supercharge your sales – Integrate installment payments in minutes
• No API integrations required
• Supports existing order management systems and fulfillment and refund processes
OnlineIn-Store
• No changes required to your existing NFC-enabled POS systems
• Promote in-store to drive adoption
Customer benefits
• Zero interest, no APR on purchases
• No impact on credit ratings
• Use any debit or credit card
• Simple and transparent pricing
• User-friendly budgeting tool
Payments are split into four equal installments over six weeks
$60 Mar 22
Total Sale $240
$60 Apr 4
$60 Apr 20
$60 May 3
Offer budget-conscious consumers the ability to pay using their preferred payment method