
Acquirer Survey Shows Card-Linked Installments Help Merchants Boost Sales
The Use of Card-Linked Installment Plans in Online and In-Store Sales
Implementing card-linked installment plans should significantly boost merchants’ sales, say 94% of acquirers. PYMNTS Intelligence’s latest 35-page study, “Navigating New Norms: The Use of Card-Linked Installment Plans in Online and In-Store Sales,” a collaboration with Splitit, features seven charts of exclusive data detailing how innovative payment options can meet evolving consumer demands and drive growth.
Inside the June Study
- 6%: True share of acquirers currently offering card-linked installment plans
- 61%: Share of consumers preferring to learn about installment options before deciding what to buy
- 22%: Share of acquirers citing third-party integration trouble as a barrier to offering installment options
Installment Plans Report
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Managing Unplanned Expenses: How The Pay Later Economy Fits Consumer Needs
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Maximizing Holiday Value: The Strategic Value of Early Pay Later Visibility
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Pay Later Plans Power Holiday Shopping Strategies
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Innovations and Development of Card-Linked Installment Plans
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Merchants’ Evolving Perspective on the Value of Card-Linked Pay Later Plans
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Redefining Retail: Consumer Finance Trends Driving the Evolution of Pay Later Plans
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Divided, Not Conquered: Acquirer and Merchant Confusion Clouds Split-Payments Landscape
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Unpacking Merchant Strategies and Consumer Demand for Flexible Payment Plans
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Acquirers’ Navigation of an Uncertain Installment Plan Landscape
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Installment Plans Becoming a Key Part of Shopper’s Toolkit