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.

11 Popular Payment Processors for Ecommerce Businesses

Need some payment processors for your new ecommerce website or looking to increase sales by expanding your payment processors? The last thing you want is for your customer to abandon his cart because he doesn’t have a way to pay for the goods or services he wants. While many customers who shop online have heard of Paypal, not everyone wants to use it.

Paypal has a very rough past, and this history alone is enough to discourage some people away. But not all customers want to manually type in their credit card and other information every time. That’s why expanding the types of payments you accept is so important. Customers want convenience, and accepting just Paypal can easily lose you a sale.

We’ll go over some common payment processors in this article, and we’ll look at some that you may want to consider integrating into your website or retail business. Learn more about popular turnkey ecommerce solutions if you want to start your own store today. Or use one of these completely free ecommerce stores to get started now.

If you’re looking for a payment gateway or solution that will give your customers the ability to pay in monthly installments, we have that covered too! Boost your sales and reduce your cart abandonment rate by giving your customers the ability to pay in installments.


Adyen is a payment processor best known for its enterprise clients like Netflix, Etsy, and soon, eBay. It offers online payment options and point of sale systems for brick and mortar stores.

Fees for Adyen start at 12¢ + a variable payment method fee depending on the payment type. For ACH direct debit, that’s 12¢ + an additional 25¢ per transaction. If customers are paying with Visa, then it’s 12¢ + the Interchange++ fee (bank, Visa, and then acquirer fees).

Amazon Pay

Amazon Pay is becoming an increasingly popular solution for many ecommerce businesses. Customers trust the name, and almost everyone who buys something online today has an Amazon account. This makes checkout faster and more convenient for most customers. Amazon Pay fees are 2.9% + 30¢ per transaction.

Amazon Pay also integrates with a lot of popular shopping carts and websites like BigCommerce, Magento, and Shopify.


This payment processor has been around since 1996. It offers multiple solutions for ecommerce, point of sale, and mobile payments. Authorize.Net also accepts phone payments for customers who aren’t comfortable paying online. Some of your older customers may appreciate having this payment method.

Fees are standard at 2.9% + 30¢ per transaction. However, there is a monthly gateway fee of $25 for their All-in-One subscription plan.


Interested in accepting cryptocurrency payments? Then Bitpay is one of the more popular solutions for businesses who want to accept Bitcoin. Bitpay does instant cryptocurrency (BTC) to fiat so that you won’t have to worry about extreme price fluctuations. You’ll get whatever Bitcoin is worth at the time of purchase.

Bitpay has several popular integrations like Shopify and 3DCart, and it develops and maintains plugins like Magento and WooCommerce.

The best part is that the fees are only 1% of the settlement, and there are daily settlements in 8 currencies.


Braintree accepts a lot of different payment types from customers. A few of these include Apple Pay, Google Pay, Android Pay, and Venmo. Paypal is also included, so you’ll be able to accept customers who still want to pay with Paypal.

Braintree’s fees are the standard at 2.9% + 30¢ per transaction.


Dwolla is a little different from other payment processors in that it connects and instantly verifies bank accounts. The difference between Dwolla and other payment processors is that it allows businesses and users to quickly connect to the US banking system. This means that micropayments have lower fees, and the same or next day deposits make Dwolla a very attractive option.

There are three subscription plans, with the most basic one starting at $0 per month and 0.5% per transaction. There’s a waitlist for this plan now. Their Scale plan starts at $2,000 per month while their Enterprise plan has custom pricing.


By now, almost anyone who shops online has heard of Paypal. It was one of the first online payment processors in the early 2000s, and even now it boasts over 227 million active customers. You can open a merchant account and accept credit cards, Paypal, Paypal credit, and Apple Pay. Paypal’s Merchant Services account takes 2.7% per swipe for mobile and in-store purchases and 2.9% + 30¢ for online transactions.

Paypal has a broad range of integrations, including mobile card readers, point-of-sale payments, and customized email links for payments.

An additional bonus is access to Paypal’s business loans.

QuickBooks Payments

If you use QuickBooks, then you may want to consider QuickBooks Payments. QuickBooks Payments has options for QuickBooks Online and QuickBooks Desktop. For the Online subscription, the only fees are 2.9% + 30¢ per transaction. Desktop users have a free pay-as-you-go option at 2.4% + 30¢ per transaction or a monthly subscription of $20 with 1.6% + 30¢ per transaction.


A lot of ecommerce stores are now running on Shopify. It’s easy to use, and its turnkey solution and numerous integrations mean that someone can set up a store very quickly. The basic Shopify subscription is $29 per month and the standard 2.9% + 30¢ per transaction fee.


Square is a popular choice for small businesses because of its lower fees. Businesses can use a Square card reader that integrates with phones, a free POS app, or even Square’s register.

Fees are also lower at 2.75% or 2.5% + 10¢ if you’re using the fully integrated Square Register. There are no other hidden fees and many businesses like the quick deposits. In some cases, deposits may be instant, allowing businesses to be more flexible with their expenses.


Stripe is a very popular payment processor for business owners who are more tech-savvy. Marketed toward developers, Stripe’s platform is very flexible. Its APIs allows you to develop your own custom checkout while still maintaining compliance. So it should be no surprise to learn that Stripe has numerous integrations that other payment processors may not have.

Stripe’s fees are 2.9% + 30¢ per transaction with no other fees.

One mistake a lot of new businesses make is that they don’t make paying easy for customers. Some small mom-and-pop brick and mortar stores can be guilty of this: they’ll only accept cash. Even if those businesses have a good product, they’re still driving away some customers who don’t want to bother with going to the ATM.

By giving your customers multiple payment options and being flexible, you’re making it easier for them to shop online. Any obstacle you introduce to the purchasing process will only alienate your customers. Requiring them to create accounts, having super complex password requirements, or having them go through the entire checkout process only to tell them you accept Paypal is bad business practice.