Installment Service

Product introduction

In order to facilitate UnionPay cardholders’ spending, UnionPay, together with commercial banks, acquirers and designated merchants, provides cardholders with cross-border installment payment services and substantial discounts on service fees. Cardholders can initiate installment transactions via the terminals of designated merchants or through online acceptance channels, and periodically repay the principal and fees to the issuing bank once such transactions are authorized.

Payment process

Online Installment Transaction FlowOffline Installment Transaction Flow

  • The cardholder selects the goods or services on the merchant’s website and chooses UnionPay payment. The merchant page will redirect to the UnionPay online payment gateway, where the cardholder ticks the installment payment checkbox and has the card information verified. After that, they press the confirm button to submit the payment request.

    Purchase goods or services in installments

  • After the card issuer authorizes the transaction request, the UnionPay payment service prompts that the payment is successful, and the transaction process is completed.

    Complete the payment process

  • The cardholder repays the principal and service fees periodically according to the bills sent by the card issuer.

    Regular pay

  • The cardholder chooses to purchase goods or services through installments at a designated merchant, following the guide for cardholders or the cashier’s recommendation

    Purchase goods or services in installments

  • The cashier enters the number of installments, in line with the request of the cardholder, and initiates an installment transaction.

    Initiating installment transaction

  • After the card issuer authorizes the transaction request, a receipt will be printed out from the merchant’s cash register. The receipt is confirmed and signed by the cardholder, who then completes the payment.

    Complete the payment process

  • The cardholder repays the principal and service fees periodically according to the bills sent by the card issuer.

    Regular pay

Cooperation case

  • Offline Installment

    Pay with UnionPay credit cards via offline POS terminals at UnionPay designated merchants

  • Online Installment

    Pay with UnionPay credit cards via online payment tools at UnionPay designated merchants。

The product features

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