7 Installment Payment Statistics You Probably Aren’t Aware of #infographic

7 Installment Payment Statistics You Probably Aren’t Aware of #infographic

For both companies and consumers, providing payment options or flexible payment plans is a win-win scenario. Businesses can attract a wider target market and buyers can buy goods in whatever form of payment plan and process they are comfortable with. Using debit or credit cards, PayPal, e-wallets, and more, these payment methods apply to straight purchases or instalment payments.

Installment fees draw buyers because they remove the need for customers to pay in one go for their orders, providing more wiggle room in their budget because they don't spend as much. Consumers can purchase products without making a dent in their pockets because they divide the overall cost in portions over a fixed amount of monthly payments.

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Infographic by: www.macs4u.com


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