Business Tips

Splitit Mythbusters: Let’s talk about installment payments

Installment payments allow you to spread the cost of your purchase over equal payments, meaning greater purchasing power and less hassle. Read our mythbusters to find out more.

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Articles

How to offer customers new options with BNPL

Buy Now, Pay Later (BNPL) has a unique appeal helping fuel its massive growth. However, this growth comes with some troubling side effects for merchants.

As we recently wrote, the growing regulatory scrutiny around the BNPL industry is a positive development for merchants, who have seen their relationships with their customers erode when a BNPL provider harvests their shopper data.

Data harvesting is more than just a privacy or security issue. These apps drive a wedge between merchants and their customers, negatively impacting loyalty and the overall customer lifetime value (LTV) of the relationship.

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Articles

Don’t let your BNPL drive a wedge between you and your customers

Buy Now, Pay Later (BNPL) has a unique appeal helping fuel its massive growth. However, this growth comes with some troubling side effects for merchants.

As we recently wrote, the growing regulatory scrutiny around the BNPL industry is a positive development for merchants, who have seen their relationships with their customers erode when a BNPL provider harvests their shopper data.

Data harvesting is more than just a privacy or security issue. These apps drive a wedge between merchants and their customers, negatively impacting loyalty and the overall customer lifetime value (LTV) of the relationship.

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Articles

New white-label Installments-as-a-Service experience delivers impressive results

When we announced our new Installments-as-a-Service platform in May, we knew it would drastically improve merchant performance. Now early results are proving just how much. OCM brand, the first merchant to implement the white-label installments option, has seen total sales increase by 41% and volume of orders increase by 54% compared to the previous version of Splitit the company used for the past two years.

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Articles

Splitit vs Sezzle

Want to know which BNPL service to choose? Read our take on the differences between Splitit and Sezzle.

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Splitit vs Klarna

Want to know which BNPL service to choose? Read our take on the differences between Splitit and Klarna.

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No consumer lending makes Splitit the most relevant BNPL with regulations looming

The recent news regarding the CFPB’s plans to regulate BNPL lenders similar to credit card companies will have a sweeping impact on the industry. While we will have to wait and see the long-term impact and what the enforcement will look like, this is a significant step in the right direction to protect consumers and merchants alike.

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Articles

BNPL for B2B and Services

There are many ways to add BNPL to your transactional flow. Our white-label offering means we can integrate it as a seamless part of your brand.

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4 ways BNPL is shaping consumer buying behavior

Take a look at four key ways that BNPL is impacting buyer behavior, from the discovery stage to the final point of conversion.

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Articles

A guide to buy now, pay later for luxury clothing and fashion retailers

Calling all luxury fashion retailers. BNPL is for you and here’s how you do it.

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