Product

Why we build Pay in 3 with no late fees

September 24, 2026

The trade-off

Late fees are easy money on a spreadsheet and expensive everywhere else: complaints, chargebacks, regulatory attention and customers who never come back. For an institution trying to deepen a relationship, that's the wrong trade.

What replaces them

Clear terms up front, reminders before every payment, and servicing that actually helps when someone is short. Pay in 3 is repaid in three equal payments with no interest and no late fees — the product people come back to.

The result partners see

Fewer complaints, more repeat use, and a product that strengthens the brand instead of straining it. Responsible terms aren't just compliant — they're good business.