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Split Project Details

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  • Client Company Name: Advance Method for Information Technology
  • Category: Buy Now Pay Later
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Split - Delayed deferred payment plan.

Split offers you a flexible deferred payment solution, allowing you to make your purchase today while spreading the cost over three to six equal installments. Simply pay the first installment immediately upon purchase and enjoy the convenience of splitting the rest over manageable payment terms. Shop now, pay later with Split.

Technology Mobile apps Development

Split will offer customers a delayed deferred payment plan. It is expected that Split offers from three to six term instalment plan, with first instalment of the transaction paid immediately upon purchase, and the rest split over equal payment terms.

    • • Deferred Payment Setup: Enable users to select a deferred payment plan, specifying the number of installments (ranging from three to six) that best suit their financial needs.

 

    • • Immediate First Installment: Implement a feature where users can make the first installment payment immediately upon purchase to secure their item or service.

 

    • • Equal Payment Scheduling: Provide an option to evenly split the remaining payments over the selected payment terms, ensuring that each installment is of the same amount.

 

    • • Purchase Integration: Allow users to seamlessly integrate the deferred payment option into their online shopping experience, making it easy to use the service for various purchases.

 

    • • Transaction History: Maintain a transaction history within the app, enabling users to track their deferred payments, view upcoming installment due dates, and review past purchases.

 

    • • Payment Reminders: Send timely payment reminders or notifications to users as installment due dates approach to help them stay on top of their payments.

 

    • • Payment Flexibility: Offer users the ability to make payments ahead of schedule or pay off the remaining balance before the scheduled installment date, giving them more control over their finances.

 

    • • Secure Payment Processing: Ensure that all financial transactions and payment data are processed securely and that user information is protected.

 

    • • User Accounts: Create user profiles where individuals can manage their deferred payment settings, view their payment history, and update personal information.

 

    • • Customer Support: Provide customer support within the app to assist users with inquiries, payment issues, or any assistance they may need.

 

    • • Credit Scoring: Implement a feature that evaluates the user’s creditworthiness to determine eligibility for deferred payment plans, if applicable.

 

    • • Promotions and Discounts: Alert users to any ongoing promotions or discounts related to the deferred payment service, helping them save on their purchases.

 

  • • User Education: Offer resources and information to educate users about the benefits and responsible use of deferred payment options.
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