Card Number: 5162300514721031
Expiration Date: 01/2020
CVV: 200
Brazilians are used to financing their consumption by paying in installments. These installment credits are offered and financed by the merchants. Today, when the buyer is given the choice, for 75% of all online card transactions consumers take advantage of installment payments. Depending on the market segment, it can also be less than or up to 90% of all credit card transactions. By offering installments, merchants can boost sales by 50% or more. The preference for installment payments is independent from the product type sold and even from the ticket size.
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