Installments need to be funded. Typically, there are two standard types of installments:
- Issuer-funded installments - The merchant receives the money immediately in a lump sum, but the shopper will be charged by the issuer for each installment on a monthly basis.
- Merchant-funded installments - The merchant receives the money after 30 days for each installment capture.
Adyen supports merchant-funded installments, as well as Issuer-funded installments in Mexico.
Installment payments in Brazil
Adyen makes installment payments available in Brazil through the following financial institutions: