Installment payment service

UnionPay International’s installment payment service (hereinafter referred to as “installment payment” or “installment”), refers to the service that allows cardholders to repay the amount of the purchased goods or services on a continued and periodic basis. The cardholder can apply for installment payment via a POS terminal, the internet or mobile device, then the merchant participating in UnionPay installment service (hereinafter referred to as “merchant” or “participating merchant”) initiates the payment request, and the request is switched by the UnionPay system and forwarded to the issuer’s system for online authorization. Upon the issuer’s approval, the issuer settles the full amount with the acquirer and bills the cardholder as per the agreed installment arrangement until the total amount is paid.

  • Steps & Work Content
  • 1

    Apply for enrollment

    Contact the local UnionPay office, and fill in and submit the application form. Review & sign contract and documents.

  • 2

    Develop the system

    Applicant institution makes the enhancement and development of the system.

  • 3

    Testing and Online Certification

    Apply for testing on the UTSS platform and require certification.

  • 4

    Pilot and Launch

    Preparation check, configuration and go live.

  • Contact Us
  • If you have any further questions, please register and submit order in your user center.