Online Layaway and payment plans

Hello Orchidians, I have a question for those of you who have online
stores and sell large ticket items. I would like to offer a layaway
or payment plan feature on my webstore for high priced purchases,
something similar to Bill Me Later (http://www.i4commerce.com). BML
would be a very ideal solution, but they don’t work with smaller
webstores.

I was wondering if someone who already deals with layaway and
payment plans could refer me to a company which offers this service
to merchants. I’m hoping there is a company which can handle all the
fraud screening and accounting labor, so my only concern will be
fulfilling the sale. Any suggestions?

Thanks all.

Peace & Blessings
Sequoia