How do interest-free installments work?

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Each time you charge a card, you can also give your customers the option of interest-free installments. You set the maximum number of installments you offer to your customers.

Your customer can either pay the full amount, or choose the number of installments (up to the limit set by you).

The amount of each installment (less the Viva Payments commission) will be transferred to your Viva Wallet account each month. The first installment will be paid into your Viva Wallet account within 30 business days.
In the case of interest-free installments, the total amount is initially billed to the customer's card, which prevents further purchases in the absence of available funds. Each month, the corresponding installment amount will be charged until the total amount has been paid.