Variants

1. Fixed Part Payments

• The merchant predefines the payment splits.

• Users must follow the merchant-defined structure.

• Payment history and future payment schedules are displayed.

2. Flexible Part Payments

• Users decide how much they wish to pay in each part.

• The merchant sets constraints (minimum amount per part, maximum number of parts allowed).

• Users can modify payment amounts for subsequent transactions.

Use Cases

1. Insurance: Split premiums, co-payments, and corporate contributions

2. OEM: Pay for high-value machinery in milestones

3. EduTech: Learners pay for courses in flexible installments

4. High-Value E-Commerce: Split payments for expensive items

5. Group Food Orders: Friends split bills, pay individually

6. Group Flight Tickets: Travelers pay their own share for bookings

7. Real Estate/Rent: Roommates share and pay rent individually