Is Floa the same as card installments?
Short answer
No. With card installments the issuer or acquirer splits the payment on the card. With Floa, a separate provider extends the payment plan. See buy now, pay later.
In detail
No. With card installments the issuer or acquirer splits the payment on the card. With Floa, a separate provider extends the payment plan. See buy now, pay later.
About Floa
Floa is a French buy now, pay later provider and a subsidiary of BNP Paribas. Its installment offer lets shoppers split a purchase into several payments, with Floa carrying the credit decision and paying the merchant.
See the Floa connector page for its payment methods, documentation and the markets it covers, and the full connector catalog.