Transaction to EMI conversion and management

One purchase, one big bill

A big purchase using Stable Money's FD-backed Credit Card means a big bill at the end of the month. Paying it all at once is hard, and most people don't have that much cash ready to go. So the spend either eats up the month or gets carried forward, quietly collecting interest.

Spliting big purchase into small parts

Built an EMI experience that converts single or multiple transactions from Stable Money's FD-backed credit card into EMIs, with clear tracking and easy closure.

Users get statement-aligned EMIs: split transactions individually or in bulk, choose common or per-transaction tenures, see total payable upfront, and pre-close. Businesses gain higher EMI adoption, on-time payments and retention, revenue, and fewer support queries through predictable schedules and transparent costs.

Convert transaction to EMI

Clear entry surfaces "Convert to EMI" from the card. Bulk selection enables single or multiple transactions in one go, while tenure chips show monthly due and total payable upfront — removing guesswork. A concise summary and OTP confirmation finalize the conversion, with EMIs aligned to the card statement for predictable repayments.

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Card transactions

Select transactions for EMI

Transactions selected

Select EMI tenure

Tenure locked after activation

EMI summary

Selected transactions

Agree to T&C

OTP confirmation

EMI converted successfully (overlay)

Clear header explains tenure selection at a glance. Tenure chips turn costs into visible ₹/month and total payable, making trade-offs obvious. Two simple paths: pick a common tenure for all transactions, or edit each one individually.

Common tenure

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Customise tenure

Managing and closing EMI

Clear entry via Manage card leads to an EMIs list with Active and Closed sections for quick scan. A top-right Create EMI action lets users start a new conversion instantly. Each EMI detail shows progress, remaining principal, schedule, and rate, keeping dues predictable. A clear Close EMI breakdown and instant receipt make early closure transparent and trustworthy.

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Manage card

Active EMIs

Active & Closed EMIs

EMI detail

Payment schedule

Close EMI breakdown

Confirm closure

EMI closed

Shows an instructive empty state that points to Create EMI while keeping Closed EMIs visible for history. When active, the list highlights merchant, monthly due, and outstanding for quick review and closure.

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Empty state

Non-empty state

Outcome

• ₹1.2 crore worth of transactions converted to EMI.
• 1,500 users converted a transaction to EMI.
• Approx 300 users has foreclosed their EMI.
• 3–5% feature adoption — on par with unsecured credit cards, and strong for a secured product.

Afterthoughts...

Transparent costs, statement-aligned dues, and flexible tenures turned post-purchase anxiety into confident, on-time repayment—building user trust and business value. Grateful to the Stable Money design team and product manager for their sharp feedback and partnership throughout.

Few of my other Stable Money projects → Check Now