Which businesses should necessarily accept installment payments?

[Kross]

There are some kinds of businesses that by their very nature, they should be accepting installment payments. Which kinds of businesses shouldn't say "No" to installment payment from customers on a norm?

 

[Springtime]

I noted that in my city, stores selling big ticket items such as TV, washing machine or even computer do allow payment by instalment. Small stores seldom offer this payment method.

 

[Min George]

Businesses that deal with big electronics and cars should always be willing to accept installment payments.

 

[Trush Jodie]

Any business that deals with products that are up to $500 predominantly should be able and willing to accept installment payments.

 

[Fire&Rain]

High-ticket businesses should almost always accept installments. Real estate, furniture stores, car dealerships, and private schools are examples. Large purchases can scare buyers if full payment is required upfront. Installments make products accessible, build trust, and increase sales volume while still keeping steady cash flow for the business.

 

[King Belieal]

Businesses that deal with musical equipment should accept installment payments. Most people can't afford to pay once for those products.

 

[eLdavis]

Selling of house equipment can also be paid in installment, sales of cars, payment can also be made in installments as well.

 

[Augusta]

i think it can be any business but the problem is the owner of the business seeing the need for such payments style

 

[Suba]

Some businesses collaborate with financial institutions, especially for products with relatively high prices, such as property, motor vehicles, electronic products, furniture and products that have a long sales cycle (not daily necessities).

 

[gwolf666]

Today, technology businesses should accept long-term payments. Technology, in addition to advancing, is becoming more and more expensive, so it is essential that they accept long-term payments, otherwise people will not be able to get what they are looking for.

 

[Augusta]

Selling of house equipment can also be paid in installment, sales of cars, payment can also be made in installments as well.

Yeah especially sales of cars as they are on the high side so if instalment is accepted it can lure more customers