Easy Payment Plan
Cards
Easy Payment Plan

India

Convert outstanding credit card or purchase amount into an EPP
Identify yourself securely
Customers validate the one-time password
Customer consent
Card selection
Selection of EPP type
Option 1. Credit card statement summary
If customers clicked "Statement" on the previous screen, they can view the statement summary of chosen credit card's outstanding amount on the third-party application. They can choose the amount they wish to convert into an EPP based upon which of the plans (which include components suchs as tenor, interest rate, monthly installment amount, and processing fee) will be retrieved. They need to select one of the plans to proceed.
The eligible loan amount will be sent as parameter for EPP of type STATEMENT.
Option 2. Credit card unbilled transactions
If customers clicked "Transaction" when selecting an EPP type, they can view their credit card transactions on the third-party application. They can choose to convert the complete transaction amount into an EPP based upon which the plans (which include components such as tenor, interest rate, monthly installment amount, and processing fee) will be retrieved. They need to select one of the plans to proceed.
The transaction reference ID will be sent as parameter for EPP of type TRANSACTION.