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- Instalment Agreements (Non-SOR On Balance Sheet Instalments)
Instalment Offers - On Balance Sheet Instalments
What will happen once the instalment has been setup?
The client will receive an email once the Instalment Offers is set up.
It contains a link to their own portal to accept the offer.
When they select the payment plan, a summary of instalments will be shown and the list of documents they will receive. Note: in this example there is a transaction fee as the merchant is passing on the credit card cost to the client.
There is no flexibility to change the amount to pay as the system equally divides the amount over the period of time.