Yes, a confirmation letter should be sent to you. This is implied under How do I determine if I qualify for low income taxpayer status? and How do I manage my plan to avoid default? on the IRS' Additional information on payment plans page.
For a short-term payment plan, in which you pay your amount owed in 180 days or less, monthly payments aren't necessary. According to Short-term payment plan in the link above, your payment options include:
- Paying directly from a checking or savings account
- Paying electronically online or by phone using Electronic Federal Tax Payment System (EFTPS), and
- Paying by check, money order or debit/credit card
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