Interest-free and Fixed Installments
The Interest-Free Months and Fixed Installments payment system allows merchants to offer their customers the ability to pay in installments with two distinct models.
Installment payment options
- Definition: Merchant absorbs the financing cost, customer pays no interest
- Financing cost: Merchant pays a financing rate based on the number of installments, which is set by the card issuer
- Available in: México (MXN currency only)
- Supported installments: 3, 6, 9, 12, and 18 months
- Card brands: Visa, MasterCard, American Express
Key Features
Configurable per Account
Each merchant account can configure custom Installment Payment settings through the Ecart Pay dashboard.
Brand-Specific Rules
Different rules can be set for Visa/MasterCard vs American Express.
Dynamic Commission Rates
Commission rates vary based on installment periods and the card issuer financing cost.
Minimum Amount Thresholds
Set a minimum transaction amount required for processing.
Institution Filtering
Restrict Interest-free and Fixed Installments to specific banks.
Template Support
Create and save reusable templates for common or complex configurations.
Updated 5 days ago