Splitit
The only Buy Now, Pay Later solution that uses your existing credit.
Overview
Splitit is a unique 'buy now, pay later' provider that allows customers to split their payments into monthly installments using their existing Visa or Mastercard. Unlike other BNPL services, Splitit does not require new loans or credit checks. It works by placing a hold on the customer's credit card for the total purchase amount, which is then reduced as each installment is paid.
✨ Key Features
- Uses existing credit on Visa or Mastercard
- No new loans or credit applications
- Interest-free installments
- White-label, merchant-branded experience
- Global platform
🎯 Key Differentiators
- Leverages the customer's existing credit card, no new financing needed
- Higher approval rates as it doesn't rely on new credit checks
- White-label solution keeps the merchant's brand front and center
Unique Value: Enables merchants to offer installment payments to a wider range of customers by using their existing credit, resulting in higher approval rates and a seamless, branded checkout experience.
🎯 Use Cases (3)
✅ Best For
- Increasing average order value for high-ticket items
- Improving credit card approval rates for installment payments
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Customers who do not have or want to use a credit card
- Customers without sufficient available credit to cover the full purchase amount
🏆 Alternatives
Unlike most BNPLs that issue new loans, Splitit's use of existing credit lines is a key differentiator that can lead to higher acceptance rates and allows customers to continue earning credit card rewards.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Dedicated Support (Enterprise tier)
🔒 Compliance & Security
💰 Pricing
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