Instalment Payment Plans
Drive more sales with Instalment Payment Plans (IPP) from multiple local banks. Enjoy seamless operations with just one account—no need to manage several bank accounts.
Supports
Payment Channels
Offer your customers the flexibility of instalment payments through our partnering banks. This feature can help increase average order value, reduce cart abandonment, and improve customer satisfaction. Integrate easily with your existing payment system for a seamless shopping experience.
Our IPP Plans consolidate all instalment payments into one account. We manage collections and settlements from various banks, saving you the hassle of opening and managing multiple accounts. This streamlines your financial processes significantly.
Frequently Asked Questions
Our IPP plans ensure you receive the full payment upfront. Our banks handle customer instalments, so your cash flow remains steady and predictable. This allows you to maintain financial stability while offering payment flexibility.
IPP plans work well for higher-value items or services. They're ideal for electronics, furniture, travel packages, wellness, education or any purchase where spreading the cost can increase customer affordability and boost your sales.
Our IPP solution is designed for easy integration. We provide APls and plugins compatible with major IPP provider banks. Our technical team offers full support throughout the integration process, ensuring a smooth setup.
We charge a small percentage of each transaction on top of what the crediting bank charges on their plan. The exact rate depends on the bank charges and tenure of of instalement, detailed in our pricing page. Many merchants find the increased sales outweigh the fees
No, unlike the traditional method of opening multiple bank accounts, our merchants using our IPP system need only use our collection service to a single bank account. We handle the rest to simplify your collection process.
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