Only 6% of Acquirers Offer Installment Payment Options at Checkout
Fifty-four percent of acquirers — those financial institutions (FIs) that process credit and debit card transactions on behalf of merchants — say they support card-linked installment options, but recent PYMNTS Intelligence data reveals the actual percentage is much lower. According to our report, “Navigating New Norms: The Use of Card-Linked Installment Plans in Online and […]
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