Payment in installments

A payment is considered to be an “installment payment” if the amount for the purchase is debited to the buyer’s account in several installments.

The first installment works as an immediate full payment, the subsequent installments are similar to deferred full payments.

Only the first installment can be guaranteed to the merchant on the condition that the capture date for the installment is set before the authorization expiry date depending on the payment method (see: Authorization request validity period) .

As part of the implementation of PSD2, the cardholder will be required to undergo strong authentication when making the first installment payment.

If the authorization (or information) request is accepted on the day of the order, a transaction is created for each Installment payment due date.

Otherwise, only one rejected transaction is created. The History tab in the Expert Back Office indicates the number of initially planned installments.

However, if the card is renewed or terminated before the end of the payment schedule, the payments will be refused by the issuing bank (auto 54 return code: Payment method expired.

In this case, you will receive an e-mail notification via the “Refusal e-mail for deferred payment” notification rule.

List of payment methods compatible with payment in installments: