In Territories where available, EPAG may allow for Transactions to be divided by the Account Holders into several equal payments, spread over an agreed period of time.

Installments are an important feature, vital to increase sales, and often seen as a requirement by consumers especially in countries like Brazil and Colombia.

The Consumer Credit Fee applicable for those Transactions are 2.99% per month and standardly charged to the Consumer during the payment process.

The below table shows the compound total interest rate applied on the Transaction depending on the number of Installments.

Number of installments	Compound Interest Rate - User	Compound Interest Rate - Merchant	Merchant Discount
2	4.51%	4.31%	4%
3	6.04%	5.69%	6%
4	7.59%	7.05%	7%
5	9.15%	8.38%	8%
6	10.72%	9.68%	10%
7	12.31%	10.96%	11%
8	13.92%	12.22%	12%
9	15.54%	13.45%	13%
10	17.17%	14.65%	15%
11	18.82%	15.84%	16%
12	20.48%	17.00%	17%

Version 1.0
Valid as of April 10th, 2019.