Installments rules and availability

This feature divides the total price to pay into several smaller, equal amounts due to pay over an agreed period of time, instead of requiring the customer to pay everything up front in a single payment. This method is widely used in LATAM markets and allows customers to have greater flexibility, but its implementation depends on card support availability and must comply with regional regulations.

Below are the available card brands that support installments in each country

Available Card Scheme	Brazil	Mexico
Amex	✅	✅
Elo	✅	-
Mastercard	✅	✅
Visa	✅	✅

Available Countries

The following tables show by country the types of installments options offered. Consult them to check the installaments offered by your country.

Brazil Installments

For Brazil there are two main types of installments options offered at country level:

Merchant installments (Parcelado Lojista): The merchant will settle the installments transactions month by month (D+30) including MDR and discount fees, and the cardholder will pay the amount without any interest fees. The seller covers the interest.

Below are the possible API plan values by card brand in Brazil

Available Card Scheme	Plan Name	Plan Key (Schema)
Amex	Plano Lojista	`plan_lojista`
Elo	Plano Lojista	`plan_lojista`
Mastercard	Plano Lojista	`plan_lojista`
Visa	Plano Lojista	`plan_lojista`

Chile Installments

For Chile there are two main types of installments options offered at country level:

Issuer plans: Base installment plans are offered by the Issuer/Banks with options that come within a range from 2 to 48. The merchant will settle the transaction only once and the cardholder will pay the total amount and any corresponding fees applied afterwards.
Merchant installments (Cuota Comercio): No fees plan offered by the merchant with options that come within a range from 2 to 12. The merchant will settle the transaction multiple times, depending on the selected plan.

Below are the possible API plan values by card brand in Chile

Available Card Scheme	Plan Name	Plan Key (Schema)
Amex	Cuotas Emisor	`plan_emisor`
Mastercard	Cuotas Emisor	`plan_emisor`
Mastercard	Precio Contado	`cuota_comercio`
Visa	Cuotas Emisor	`plan_emisor`
Visa	Precio Contado	`cuota_comercio`

Mexico Installments

For Mexico there is only one type of installments option offered at country level, and to be available for the merchant, it requires to be activated and contracted during the onboarding process:

MSI (Meses sin interés): Base installment plans are offered by PROSA in which the customer’s personal bank is responsible for collecting payments, while the merchant will receive a unique settlement that includes any deducting fees.

Below are the possible API plan values by card brand in Mexico

Available Card Scheme	Plan Name	Plan Key (Schema)
Amex	Plan Prosa	`plan_prosa`
Mastercard	Plan Prosa	`plan_prosa`
Visa	Plan Prosa	`plan_prosa`