Structured Installment Commerce — Tier 4 Installment Model | Ownly by RBS
Structured installments are a way for a business to arrange payments over time and manage the customer account in-house. The business sets the terms it is prepared to offer and handles customer follow-up.
How It Works
Customer purchases a product and takes immediate delivery
Merchant creates an installment agreement with custom payment terms
Keep the payment schedule and account status available to your team
Your business handles the customer relationship and decides on follow-up
What to Consider When Comparing Payment Options
Who explains the terms and keeps the agreement record?
Who answers customer questions and handles follow-up?
What payment terms can your business support?
What subscription and any conditional processing, platform, or usage fees apply?
What Ownly Manages
Agreement creation with configurable payment terms
Review payment schedules, balances, and payment history
Keep account notes and customer follow-up visible to the team
Review accounts that need attention and decide what action to take
Organize customer account information for operator review