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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

Support Portal Tutorial Document
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Introduction Video

Description

Splitit - Card Based Installment Payment Solutions

Empower your customers with an easy, installment payment option—no lengthy applications, hidden fees, or new credit lines.

Unlike traditional Buy Now, Pay Later (BNPL) providers, Splitit lets shoppers use their existing credit cards to split payments over time—without taking out new loans. With our white-label technology, the entire payment experience stays within your store, keeping your customers engaged with your brand.

How Splitit Works:

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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