4 eCommerce Monthly Installments Payment Solutions for Customers

Providing customers with monthly installments options increases sales for many businesses. Now your small business can reduce your cart abandonment rate and increase conversions simply by letting your customers know that they can pay through monthly installments.

Use any of the following payment processors below to offer your customers the ability to pay for their products with an installment plan! These payment providers have built-in services like invoicing and automatic payments that will take care of recurring payments so that you won’t have to! Some will pay you upfront for the purchase, and they’ll assume the risk for the customer. Others will allow you to integrate an installment plan into your payment options.

You’ll get your money. Your customers will get their products. And everyone will be happy.

Read more about other ecommerce payment processors and their fees. Looking for shipping integrations for your ecommerce store? Or expand your customer base by selling on these major online marketplaces.

Sign up for one of the monthly installments payment providers below for your ecommerce store and start increasing your sales today!


Customers can select to pay in installments through Affirm. Affirm is unique in that it only requires a few pieces of information in order to make a real-time decision.

Once customers confirm the loan, you process the transaction normally and receive the full amount from the sale, minus the processing fees, which can range from 3.3% to 5.9% depending on the financed amount. Customer terms are 3, 6, or 12 months at 10% to 30% APR.

Affirm takes all the risk, including chargebacks so that you don’t have to worry. Repayment is between Affirm and the customer.

Affirm Homepage


Global Payments

Global Payments is a little different from the other payment options on this list since it offers merchants the ability to offer installment plans. This payment provider gives you the option of offering installment plans for your products. Global Payments then has automated processing so that you don’t have to worry about following up or mailing out invoices.

Unlike the other providers on this list, you’ll assume the risk of customer default. You’ll also have to handle any related customer service issues.

Terms range from 3 months to 36 months, with interest rates starting at 0% APR.

Global Payments Monthly Installments Page

PayPal Credit

Not quite a payment solution, but PayPal allows customers to pay using Easy Payments with PayPal Credit. These transactions are completely financed and managed through PayPal, so businesses will get their sales proceeds. Many customers have a PayPal account, so using Easy Payments is a convenient solution since it doesn’t require additional accounts, payments, or passwords to remember.

PayPal Credit Homepage


SplitIt offers a new twist on monthly installments for customers. Instead of traditional financing, SplitIt uses the customer’s credit card to split payments into monthly installments. Every month, SplitIt reauthorizes the customer’s card for the outstanding balance, reducing that balance each month until it’s paid off.

Customers must have a Visa or MasterCard.

This service is great for customers since they can choose their own terms with SplitIt’s 0% Interest Monthly Payments. The best part is that there’s no credit check or credit application for the customer.

SplitIt Homepage

Shoppers today are more comfortable with monthly installments than they were in the past. The explosion of easy credit and demand for consumer goods like iPhones have made financing even everyday products normal.

The last thing you want is for the customer to abandon his cart once he realizes that he has no way of paying upfront for your products. Many customers may not necessarily have the ability to pay for your products all at once, so offering monthly installments definitely increases sales and reduces cart abandonment.

Integrate one or more of these payment methods today to increase sales and revenue! Even if your customers don’t need to pay in monthly installments, they’ll know that they have the option in future. And if you use a service like Affirm or SplitIt, you’ll get your money immediately without assuming any of the risks involved with financing.