Revolut has introduced a new feature which allows credit card customers to pay off their balance in instalments.
It announced that repayments of three, six, nine and 12 months are available at a lower rate than Revolut's standard annual percentage rate.
There are no additional fees for credit card customers to use the new instalment feature.
Users can create instalment plans for eligible purchases in the app, and cancel these plans at any time without any extra fees.
Multiple purchases can also be consolidated into the one instalment plan.
"Our mission is to help consumers take control of their finances and this new feature allows our customers to do just that," said Rob Mooney, Head of Lending - Ireland at Revolut.
Revolut's credit cards are growing in popularity, with the digital bank recording an 87% jump in sales last year.
