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Members of credit unions that are partnered with PSCU will soon be able to pay off their purchases in installments, the St. Petersburg, Fla.-based payments CUSO announced this month.

The Installment Payments solution, a “buy-now, pay-later” installment plan, allows cardholders to pay for purchases over a fixed timeframe by dividing the purchase amount into smaller fixed payments, PSCU said. In the first phase of the new offering’s rollout, cardholders will be able to make post-purchase installment payments over a fixed period of time and for a fixed amount. Credit unions will have the ability to customize the criteria for their installment offers.

Natasha Chilingerian

Natasha has served as an editor for CU Times since March 2015. She also served as a communications specialist for Xceed Financial Credit Union (now Kinecta FCU) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer for more than 16 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

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