> ## Documentation Index
> Fetch the complete documentation index at: https://razorpay-60c89f9a-mintlify-audit-missing-sections-1778528421.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# About Credit Card Instalments

> Razorpay Checkout supports instalments on credit cards issued by major banks through Visa. Instalments are available by default on Razorpay Standard Checkout. No additional integration is needed.

## Supported Payment Partners

Following is the list of supported Payment Partners for Credit Card Instalments and the minimum order amount stipulated by them:

## Bank Code | Issuer Bank | Minimum Amount (in MYR) | Availability

## HSBC | HSBC | 300 | Requires [Approval](https://curlec.com/support)

## ARBK | AmBank | 300 | Requires [Approval](https://curlec.com/support)

SCBL | Standard Charter | 300 | Requires [Approval](https://curlec.com/support)

<Warning>
  **Watch Out!**

  Instalment options are subject to eligibility checks. For HSBC, AmBank and Standard Chartered, instalment plans will be offered based on the eligibility of the specific credit card. Eligibility is determined by the issuing bank's criteria during the payment process.
</Warning>

## Payment Flow on Standard Checkout

On your website or app, customers select the products and proceed to Checkout.

### On the Checkout page, the customers:

1. Enter the **Phone Number** and **Email address**. Click **Continue**.
2. Select **Cards** as the payment method.
3. Enter the required card details. If the card is eligible you will see the Instalment options, click **See all plans**. If the card is not eligible, customers can pay the full amount.
4. Select an instalment plan from the available options and click **Continue**.
5. Review the plan details. Choose if they want to **Save this card securely for future payments** or pay without saving the card. Click **Continue**.

After successful payment, Razorpay Curlec redirects customers to your application or website. Customers' monthly statements will reflect the instalment amount. You receive the full amount in your bank account as per your [settlement cycle](/payments/settlements#settlement-cycle).

## Frequently Asked Questions

### What is the minimum transaction amount for Visa instalments?

The minimum transaction amount for Visa instalments is MYR 300.

### If a customer chooses instalments as the payment method, do I get the full amount upfront?

Yes, you receive the full transaction amount at once in your settlement. The bank or provider converts it into instalments for the customer.

### What happens when the customer fails to pay the instalment?

The bank or provider bears the loss. Since you have already received the full amount in your settlement, any customer default or non-payment does not impact your business.

### What are the standard credit card interest rates charged by banks for instalments?

HSBC, AmBank and Standard Chartered offer interest-free instalments to customers. This means customers pay no additional interest charges on their instalment plans.