About Credit Card Instalments
Let your customers avail Credit Card Instalments at Razorpay Curlec Standard Checkout.
Razorpay Curlec Checkout supports instalments on credit cards issued by major banks through Visa. Instalments are available by default on Razorpay Curlec Standard Checkout. No additional integration is needed.
Following is the list of supported Payment Partners for Credit Card Instalments and the minimum order amount stipulated by them:
Watch Out!
Instalment options are subject to eligibility checks. For HSBC, AmBank and Standard Chartered, instalment plans will be offered based on the eligibility of the specific credit card. Eligibility is determined by the issuing bank's criteria during the payment process.
On your website or app, customers select the products and proceed to Checkout.
- Enter the Phone Number and Email address. Click Continue.
- Select Cards as the payment method.
- Enter the required card details. If the card is eligible you will see the Instalment options, click See all plans. If the card is not eligible, customers can pay the full amount.
- Select an instalment plan from the available options and click Continue.
- Review the plan details. Choose if they want to Save this card securely for future payments or pay without saving the card. Click Continue.
After successful payment, Razorpay Curlec redirects customers to your application or website. Customers' monthly statements will reflect the instalment amount. You receive the full amount in your bank account as per your
.The minimum transaction amount for Visa instalments is MYR 300.
Yes, you receive the full transaction amount at once in your settlement. The bank or provider converts it into instalments for the customer.
The bank or provider bears the loss. Since you have already received the full amount in your settlement, any customer default or non-payment does not impact your business.
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