Installments & Loans

FEHLT

Installments & Loans

BankWORKS® offers a range of consumer finance solutions to give consumers flexibility and convenience to pay in their preferred way.  BankWORKS®’s Instalment & Loans functionality gives your customers the freedom to buy now and pay later. Paying in instalments is the most popular form of credit card purchase in some regions as the consumer receive goods and services immediately, but spread the cost of the purchase over multiple months. The cardholder's credit availability is automatically verified without the business having to assume any risk. Merchants also can benefit from offering instalment options, they assume no risk because they get the payments in full at the time of purchase.

  • Support acquiring and issuing instalment capabilities on a single platform
  • Offer alternative consumer payment options
  • Increase revenues
  • Increase customer satisfaction