Financial technology platform Maya has launched Mini Payments, a new feature that lets credit card holders convert eligible purchases into monthly installment plans directly through the app – even after a transaction has already been completed.
This feature removes the need to rely on merchant-specific installment offers or fixed promotional periods. Users can choose repayment terms of 3, 6, 9 or 12 months for qualifying transactions. It also allows combining multiple eligible purchases into one single payment schedule, simplifying the management of monthly obligations.
Unlike traditional installment programs where payment terms are set at the point of sale, Mini Payments provides users with the flexibility to decide how to structure their repayment after checkout. The entire process – from selecting transactions to tracking payment schedules – is handled digitally within the Maya application, delivering a streamlined user experience.
Through the platform, customers can monitor their plans, check outstanding balances, and track repayments in real time. This helps users make more informed financial decisions and manage their finances more effectively.
The launch is part of Maya’s broader strategy to enhance its end-to-end credit card services. It forms part of an expanding suite of digital financial tools developed to deliver greater convenience, flexibility, and control over spending for consumers.
