Splitit

Splitit describes itself as delivering embedded card-linked installments that transform commerce, empowering merchants, consumers, and banks within the payments ecosystem. Its stated aim is to challenge the status quo of traditional BNPL, which it says often burdens consumers with unnecessary debt, high fees and checkout complexity. Splitit says it uses existing credit so consumers can pay at their own pace without creating new debt, while helping merchants drive higher conversions and customer loyalty. Its product pages describe credit card installments, digital wallet installments, and pay after delivery, as well as Splitit Go, a card-linked installment offering for businesses.

Splitit positions itself as an embedded card-linked installment provider that challenges traditional BNPL by using existing credit rather than creating new debt.

• Credit Card Installments

  Spread the cost of any big purchase into equal payments without added interest, as long as the card balance is paid in full each month.

• Digital Wallet Installments

  Split any payment made through a digital wallet using an existing credit card, without applying for new credit; a finance charge applies and the full cost is shown before confirmation.

• Pay After Delivery

  Money stays where it is until the order arrives, for made-to-order items or purchases from unfamiliar retailers.

• Splitit Go

  A card-linked installment offering for businesses that lets them create installment plans in seconds and share them via QR code, SMS, or email, with in-person, phone, and online options.

• 2022.01.25

  Reported2022.01.25

  Splitit announces Nandan Sheth as CEO[5]Splitit宣布任命南丹·谢思为首席执行官prnewswire.com

  Splitit announced that its board appointed Nandan Sheth as CEO, effective February 28, 2022. Interim CEO John Harper would stay on for a period to support the transition.

• 2021.06.28

  Reported2021.06.28

  Splitit partners with tabby on installment payments[6]Splitit与tabby合作提供分期付款服务prnewswire.com

  Splitit announced a partnership with tabby. tabby will integrate Splitit's installment payment platform through a white-label solution so its merchants can offer credit-card installments; integration was expected to be completed by the end of Q3 2021.

• 2021.04.13

  Reported2021.04.13

  Splitit announces global partnership with UnionPay International[7]Splitit宣布与UnionPay International建立全球合作关系fnarena.com

  Splitit announced a global partnership with UnionPay International, which will integrate Splitit to make its installment payment product available to its network. The source says UnionPay credit cardholders will be able to use the option at merchants offering Splitit from June FY21.

• 2020.09.17

  Reported2020.09.17

  Splitit and QuickFee announce payment partnership[8]Splitit与QuickFee宣布支付合作ibtimes.com.au

  Splitit and QuickFee announced a partnership to offer installment payments on credit cards to clients of accounting and law firms in the US and Australia. The service was described as becoming available to QuickFee customers in the coming weeks.

• Unconfirmed

  Reported2020.04.29

  Splitit implements partnerships with Visa and Stripe[9]Splitit与Visa和Stripe开展合作ibtimes.com.au

  Splitit said it had implemented business partnerships with Visa and Stripe.

• 2020.04.29

  Reported2020.04.29

  Splitit reports first-quarter results and April growth[9]Splitit与Visa和Stripe开展合作ibtimes.com.au

  Splitit released first-quarter results, reporting revenue growth of 104% year over year and 51% quarter over quarter, along with increased merchant acceptance and April sales volume.

• 2019.12.16

  Reported2019.12.16

  Splitit and iPay88 announce a three-year partnership[10]Splitit与iPay88宣布为期三年的合作prnewswire.com

  Splitit and iPay88 entered a new three-year partnership under which iPay88 will offer Splitit's installment solution to more than 15,000 online merchants in Malaysia. Splitit said it expected to conduct an initial trial in Malaysia by mid-2020.

Read more

1. 1Buy Now Pay Later - Using Your Own Credit Card - Splititsplitit.com
2. 2About Splitit: The world’s largest card-linked installment provider - Splititsplitit.com
3. 3Splitit Go | Card-Linked Installments for Business - Splititsplitit.com
4. 4Customer Financing Solutions for Home Services - Splititsplitit.com
5. 5Splitit宣布任命南丹·谢思为首席执行官prnewswire.com
6. 6Splitit与tabby合作提供分期付款服务prnewswire.com
7. 7Splitit宣布与UnionPay International建立全球合作关系fnarena.com
8. 8Splitit与QuickFee宣布支付合作ibtimes.com.au
9. 9Splitit与Visa和Stripe开展合作ibtimes.com.au
10. 10Splitit与iPay88宣布为期三年的合作prnewswire.com
11. 11Splitit Partners with UnionPay, the World’s Largest Card Network of 9 Billion Cardholdersibtimes.com.au