06/06/2024 – 11:51
Itaú Unibanco will allow customers to pay in installments directly on their credit card bill for purchases made in cash. Furthermore, they will be able to anticipate installments of future purchases at a discount and also simulate future purchases. The new features will be rolled out to the customer base gradually.
Installment payments for purchases made in cash have reached the largest banks in the country as an alternative for operations carried out in establishments that do not accept long installments.
Banks charge interest on installments, which can be applied to each purchase individually. At Itaú, it is possible to pay for purchases in up to 24 installments directly through the app.
Itaú states that the purchase simulation reduces the risk of the transaction being refused due to lack of limit or security reasons.
“This way, in addition to better controlling their finances, customers can also get other benefits and facilities, such as discounts and release of the card limit”, says Felipe Piccoli, director of Cards at Itaú, in a note.
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