Visa's Installment Solutions


New Beta APIs Now Available

Visa’s installment solutions enable issuers and merchants to offer installment plans (fixed monthly payments, over time) to their cardholders. Participating issuers, merchants and acquirers can leverage Visa’s suite of installment solutions APIs to enable card-based installments at checkout.

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Installment Payments:
A Growing Trend

Globally, installment payments represented $1.2 trillion in payment volume in 2017 and have been growing 15% year-over-year, twice as fast as credit cards.(1) Growth is fueled by consumer demand, as consumers are looking for flexible payment options. For example, 60% of millennials in the U.S. said that they are interested in POS financing for large online purchases.(2) Consumers value flexible payment options on their card. For example, in Brazil, approximately 50 percent of all credit payment volume is already on installments.(3)

(1) Euromonitor International 2018. (2) May 2017 Ipsos US nationwide survey conducted online, n = 2,000 adults ages 18 and over.
(3) ABECS (Associação Brasileira das Empresas de Cartões de Crédito e Serviços), Nov 2016 – Sep 2017.

Note: Depicts conceptual vision in development; features, functionality, availability are subject to change. Issuer is solely responsible for its own installment program.