Read Our Blog

The Easiest Way to Offer Installment Plans with Major Banks

July 03, 2025

In today’s competitive landscape, offering instalment payments is no longer just a nice-to-have—it’s a sales booster your customers expect. But for most businesses, enabling it means juggling multiple banks, contracts, and systems. Sounds like a nightmare, right?

You can skip all the hassle—thanks to a payment gateway like Fiuu, which lets you offer instalment plans to address payment issues with ease. Here's why businesses need to enable installment payments with a Fiuu:

1. One Integration, Access to Many Banks
   Instead of going through the time-consuming process of integrating with each bank separately, a payment gateway acts as a single point of connection. With Fiuu, you can can seamlessly access multiple banks like HSBC, Standard Chartered, Hong Leong Bank, RHB, AmBank and Affin Bank without the hassle of integrating with each one individually.

2. Seamless Consolidated Report
   With a payment gateway like Fiuu, finance teams can reduce the time spent on reporting, as Fiuu helps consolidate transaction reports from all banks. This allows them to easily improve reporting efficiency using Fiuu’s reporting features. Your finance and tech teams will thank you—and so will your customers.

3. Single Merchant ID Activation
   Our streamlined activation process uses only one Merchant ID (MID) for all instalment payment options across different banks. This one-time setup saves you from the hassle of activating with each bank separately, simplifying onboarding and ensuring faster, hassle-free integration.

If you want to offer installment plans without the complexity of managing multiple bank relationships and tons of manual reports, Fiuu is your all-in-one solution. With our comprehensive solution, you can effortlessly begin offering installment payment options and easily set them up with our assistance.

Register at https://booster.fiuu.com/ or reach out to our team at [email protected] to activate the installment payment solution for your business today.