What kinds of installment services are there for credit card installment?

It is a common consumption behavior for many young people to meet their favorite goods, but they don't have enough cash on hand. Installment payment business is more and more widely used in our life, such as buying a mobile phone by installment, buying a car by installment, decorating by installment and so on. So what kinds of installment services are there for credit card installment?

Installment payment mainly includes mail order installment, shopping mall installment and bill installment.

1, bill installment

Bill installment payment is the most commonly used installment payment method. Bill installment payment is a bill-based installment payment method. After the cardholder swipes the card every month, before the bill comes out, he only needs to call or send a text message to the issuing bank to apply for installment.

The characteristics of bill installment are: not limited by consumption types and places, so that cardholders can fully enjoy the advanced consumption brought by installment payment.

2. Staging of shopping centers

Shopping mall staging, also known as POS staging, means that the cardholder goes to the shopping place. If shopping can be staged in the shopping mall, the staged credit card of that bank indicates that installment payment is required, and the cashier will swipe the card on the special POS machine according to the number of staging required by the cardholder.

The advantage of staging in shopping malls is that you can enjoy preferential handling fees, but the disadvantage is that many conditions are needed, such as the merchant can provide staging services, the credit card held by the merchant is within the scope of staging services, and the cardholder's own identity certificate is needed, and the ID card is also needed when shopping.

3. Mail order installment payment

Mail-order installment means that the cardholder receives the mail-order catalog manual sent by the issuing bank or goes to the online mall of the bank to choose from the limited products, and then orders through the online installment mall, and the mail-order installment application form by telephone or fax.

The characteristics of mail order installment are: no handling fee, but the price is higher. After using mail order installment, cardholders will receive various shopping brochures mailed by the bank every month, and they can order the goods in the catalogue in installments.