Specific information about the payment method Instalments (as a branded BNPL solution).
Instalments belong to the payment method type of "Buy now, pay later" (BNPL). In summary, Instalments represents a payment method where the customer gets his goods and pays in a specified number of instalment, e.g. over 6 months.
For more information, please refer to open invoice (branded). The only difference is, that the BNPL provider will collect the bank data from the customer and debit the customers bank account as agreed on.
For more details, e.g. in regard to interests and fees for the customer, reach out to your chosen BNPL provider.