Portico supports installment payment programs in both Asia Pacific and Mexico. These programs allow the cardholder to select the terms and the number of payments. The merchant's transaction settles for the full amount, but the cardholder gets billed a flat amount for a set number of months.
The IPSelectedTerms data block is included in a CreditSale to indicate the Installment Plan terms selected by the cardholder. Only specific fields should be provided, based on the location of the merchant.