Instalment payments
N-Genius enables merchants to offer instalment-based payments to their customers. In this model, the payer agrees to pay in instalments with fixed amount and completes the initial transaction using their card.
Upon successful payment, N-Genius securely stores the card details.
Subsequent instalment payments are processed as Card-Not-Present (CNP) transactions according to the agreed schedule.
N-Genius supports instalment plans on a weekly, monthly, or yearly basis. Merchants also have the flexibility to cancel the plan at any time upon the payer’s request.
Updated about 1 month ago