Offering installment payments is a great way to make purchasing easier, provide more flexibility for your customers, and increase your sales opportunities.
With Hotmart, you can configure how you want to offer payments to buyers in Brazil, Chile, Colombia, Mexico, and Peru by choosing the payment option that best fits your sales strategy.
In this article, you'll learn how each payment option works, how to configure it, and which rules apply to installment payments.
How do installment payments work?
When creating an offer, you define how buyers can pay for your product.
The available payment options are:
- One-time payment: the buyer pays the full purchase amount in a single payment.
- Installment with fees paid by your customer: the buyer can split the purchase amount into installments based on the number of installments configured for the offer. With this option, the buyer is responsible for paying the installment fees.
- Installment without fees: the buyer can split the purchase amount into installments based on the number of installments configured for the offer without paying any fees. In this case, the creator covers the installment costs. In some Latin American countries, this option is also known as Meses Sin Intereses (MSI).
How do I configure installment payments?
- Sign in to your Hotmart account at https://app.hotmart.com/.
- From the left-hand menu, click Products, then select My Products.
- Select the product you want to configure.
- Click the Pricing & Offers tab.
- Click New offer.
- Under Currency, select the currency you want to use for the product.
- Under Payment Method, choose one of the following options:
- One-time Payment;
- Installment with fees paid by your customer;
- Installment without fees.
- If you choose an installment payment option, select the number of installments you want to offer buyers.
- Complete the offer setup and save your changes.
That's it! The checkout page will automatically display the selected payment option and, when applicable, the installment options available to buyers.
Important: Once an offer has been created, you can't change its Payment Method. If you need a different payment option, you'll have to create a new offer.
Is there a minimum amount per installment?
Yes. For an installment option to be available, each installment must meet the minimum amount for the local currency.