Powerpay is a payment service that helps shoppers spread the cost of purchases into fixed installments, while giving participating merchants another way to offer flexible payment options. Customers can use any credit card and pay only the first installment at checkout; the remaining installments are charged automatically to the card they register. Powerpay says purchases do not use the customer’s full credit line. Payment plans include three installments with no interest, or six or twelve installments with a small Powerpay fee, subject to the options available for each purchase.

The service is presented for online and physical shopping, with a directory of participating retailers across categories such as electronics, fashion, outdoor clothing, gaming, childcare products, and event tickets. Powerpay also provides tools for shoppers, including installment simulations and buyer assistance. For businesses, it offers information on how the service works, platforms and partners, resources, and merchant support, as well as an invitation to join its network.