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Splitit

Develop by splitit.com
Free plan available

Splitit: Easily split payments into interest-free monthly installments.

Interest-free installments
Card-based payments
Deferred payment option
Multi-card support
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About Splitit

Launched Nov 25, 2021

Categories

Consumer Financing Financing Payment Processors & Gateways Payments & Security

Built by splitit.com

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Description

Splitit - Card Based Installment Payment Solutions

Splitit

is a global payment solution enabling customers to pay for purchases with an existing debit or credit card by splitting the cost into interest-free monthly payments, without the need for additional registrations or applications. Splitit offers monthly installment payments with credit or debit cards, a deferred payment option and multi card payments. Merchants can choose to offer any combination of options depending on the need of their store.

Pros

  • Interest-free monthly installments make it financially attractive.
  • No need for additional registrations or applications makes it user-friendly.
  • Flexibility in payment options including credit, debit, and multiple cards.
  • Deferred payment option provides additional financial flexibility.
  • Merchants can choose options tailored to their business needs.

Cons

  • Limited to customers with existing debit or credit cards, which may exclude some users.
  • Availability and options may vary depending on the merchant's choices.
  • Potential complexity in managing multiple payment installments.
  • The service is dependent on merchant participation limiting its universal application.

Key Features

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