Installments

Unlock the power of installments in Latin America

Installments, also known as parcelas in Brazil, cuotas in Argentina, meses sin interés in Mexico, are payment plans that allow consumers to split their payments into affordable monthly increments that fit their budget. Selling installments to Latin American customers is a game-changer, this payment option can increase your conversion rates and your average ticket.

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60%

of e-commerce purchases in Brazil are paid for using an installment plan.

77%

of Argentine households paid using installments in 2019, up from 68% in 2018.

65%

of Brazilian consumers prefer to pay with installments for products priced between USD 25-50; this number grows to 79% for products valued USD 50 or more.

Why will Installments increase your sales?

If you offer local credit card options already, adding installments is simple. Offering an installment payment option enables high-priced products and services to be more accessible to Latin Americans. Unlike when using a traditional credit card, in which the consumer pays the full price upfront and pays off his balance over time with interest, installments are offered to the customer at the point of sale by the merchant.

  • Make expensive goods and services available to Latin Americans.
  • Break Credit Card low limit barriers.
  • Interest-free: you can choose between pay for interests, or charge a little extra fee from them when they opt for installments.

"By understanding that Brazilians need (and love) installments, we co-sponsored EBANX for a 30-day installments campaign, interest-free. The results were amazing: 15K new customers, 22K transactions and a 280% goal achievement."

Debora Pacheco

Regional Business Leader Latin America, Global Expansion LightInTheBox

Your customer split the payment while you get it all at once

With EBANX, you offer your customers the flexibility to pay in their local currency over a chosen period and you receive the money all at once in your bank account anywhere in the world. Installments will allow Lati American consumers to split the total amount due to monthly payments that fit into their budgets. The perfect interest-free solution for you to increase your conversions in the region.

This payment option is especially relevant when it comes to annual subscriptions that can be broken up into 6 or 12 payments. And also for high average ticket products.

Installments

Where are Installments available in Latin America?

Country Credit Card Schemes
 
Brazil

Credit schemes

MasterCard Visa American Express DinersClub Elo Hipercard
 
Mexico

Credit schemes

MasterCard Visa American Express
 
Argentina

Credit schemes

MasterCard Visa American Express DinersClub Cabal Naranja Credimas
 
Chile

Credit schemes

MasterCard Visa American Express DinersClub Magna
 
Colombia

Credit schemes

MasterCard Visa American Express DinersClub
 
Uruguay

Credit schemes

MasterCard Visa DinersClub Prex Lider Reditel

How Installments work

When using Credit Card, the customer chooses installments as their payment method.

When using Credit Card, the customer chooses installments as their payment method.

The transaction is authorized and captured for the full amount, but settled in installments over a period of time*

The transaction is authorized and captured for the full amount, but settled in installments over a period of time*

Installments are debited from the customer monthly, by their card issuer, and you receive all at once.

Installments are debited from the customer monthly, by their card issuer, and you receive all at once.

*The maximum number of installments can vary for each country and can be previously stipulated by you.

 

Start selling more to Latin America by offering Installments with EBANX

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