Square Installments, which gives consumers the opportunity to pay for a large purchase by splitting it into fixed monthly payments over 3, 6, or 12 months, covers qualifying purchases between $250 and $10,000. Consumers use their own device to apply online and get a decision in near real time. The total cost is presented up front. Monthly payments are deducted from a debit card or a checking account. Square Installments is available at participating merchants in 22 states that use Square as their payment aggregator for card payments. Over the last 12 months, Square has processed more than 3...