Payment plans, interest and the first instalment

CanPay offers weekly, bi-weekly and monthly four-instalment schedules, with the exact cost disclosed before confirmation.

1 min read ยท Reviewed September 21, 2026

Plan choices

  • Weekly: four scheduled instalments at approximately seven-day intervals.
  • Bi-weekly: four scheduled instalments at approximately fourteen-day intervals.
  • Monthly: four scheduled instalments at approximately thirty-day intervals.

How the total is built

The checkout calculation starts with the eligible order amount, applies the current rate for the chosen plan and shows the final amount payable. That final amount is divided across four instalments; the first is due at checkout and the remaining three follow the displayed interval.

CanPay marketing describes the first payment as starting at 25% of the purchase structure. Because plan charges and settings can affect the exact figures, rely on the monetary breakdown shown for your order rather than calculating the debit yourself.

Rates can change

The app retrieves current rates and checkout computes the live schedule. Review the interest or service charge, total payable, each amount and every date before confirming. The live order breakdown and your completed order schedule take priority over examples in general help content.

Important: Never confirm a purchase if the amount or schedule is not what you expect. Leave checkout and contact support with the non-sensitive order reference.

weeklybi-weeklymonthlyinterest ratefirst payment25 percentcalculatorAPR

Still need help with your account?

For application decisions, fraud, payment disputes, refunds or account-specific changes, contact the support team.