Iberia launches a new installment payment system for its tickets

Iberia launches a new installment payment system for its tickets

Iberia has launched a new financing system so that its customers can pay for the tickets in installments, with a purchase limit of up to 10,000 euross.

Iberia will offer the service through its financial investee Iberia Cards. In a statement, the company assures that with this initiative it joins "the growing trend of BNPL (Buy Now, Pay Later) payment methods in the travel industry" and says that it becomes "the first Spanish airline to implement this own payment option".

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Travelers who buy their tickets in Iberia.com They may split the payment in terms of 3, 6, 9 or 12 months.

At the moment, this new method of payment in installments will be available only in spain and, in the future, it is planned to be extended to other countries such as Italy, France, Germany and Belgium.