Visa Instalments to collaborate with Air Canada

The adoption and momentum of BNPL services is expanding, especially for large ticket purchases like travel. According to Visa's recent Buy Now Pay Later Global Pulse Survey, one third of Canadians interested in using instalments plans would do so for travel and entertainment.

Visa Instalments Solution is offered by participating financial institutions to eligible cardholders to convert qualifying purchases at participating merchants into smaller, equal payments made over a defined period. Visa Instalments Solution would provide eligible Air Canada customers making a qualifying purchase the flexibility to pay in instalments during the checkout process.

Air Canada representatives noted that they are focused on elevating the customer experience, and this includes providing their customers with a variety of seamless payment options when shopping with them. Visa is one of the trusted brands in Canada and their close collaboration with Canadian financial institutions provides an opportunity to deliver shopping experience to their mutual customers.