Visa International Service Association

Eduardo Andre Vaena

Xiaodong Jiang

Yuexi Chen

Hamish Geoffrey Moline

Madhur Singhal

Liza Maree Agresta

Geir Forde

Sarthak Basak

Mathieu André Guy Altwegg

Shashi Velur

Mohammad Al-Bedaiwi

Chris Truelson

Wayne Boland

Sheryl Pinto

Anuja Seton

Dogan Duransoy

Muhammad Khan

Provided is a method for providing installment payment options for a payment transaction. The method may include communicating, to a customer device, installment payment data associated with a plurality of installment payment options. A first authorization request for a payment transaction with a customer may be received from a merchant system. The first authorization request may include at least one field including first installment payment data associated with a first installment payment option. A first lender system associated with the first installment payment option may be determined. A second authorization request, which may include the first installment payment data, may be communicated to the first lender system. An authorization response may be received from the first lender system indicating approval of the first installment payment option for the payment transaction. The authorization response may be communicated to the merchant system. A system and computer program product are also disclosed.

Method, system, and computer program product for providing installment payment options for a payment transaction

A method includes receiving, by a network computer, a request message including interaction data for an interaction with a user. The interaction data includes an account identifier for an account of the user. The network computer determines that the interaction is eligible for an installment plan by analyzing the interaction data. Based on determining that the interaction is eligible for the installment plan, the network computer transmits data identifying the installment plan. The network computer receives acceptance of the installment plan by the user. Responsive to confirming the acceptance, the network computer initiates the installment plan.

Installments system and method

Growing community of inventors

Danville, CA, United States of America

Eduardo Andre Vaena