Reclaiming everyday financing
Banks excel at growing deposits and financing life’s biggest moments — mortgages, auto loans, HELOCs. But between those two worlds sit millions of everyday purchase decisions where customers increasingly expect financing, and banks are rarely part of them.
Why financial institutions choose Splitit Debit Installments
New revenue
Every DDA holder becomes a potential installment customer.
Low risk
Hold the loan and earn interest, or let Splitit take the risk and earn revenue on every transaction.
No new underwriting
Instant decisions on a credit line built to your existing risk rules.
Fully embedded
White-label inside your own banking app.
How Debit Installments work
Debit is where your customers already live.
A large share of your deposit base defaults to debit, because they’d rather spend money they already have. When a purchase does call for financing, they want a fixed plan they understand, not a balance that compounds.
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Prefer debit
Many customers actively choose debit over credit for everyday spending.
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Avoid revolving credit
They don’t want a balance that carries interest month to month.
Fast to launch
Debit Installments plugs into the banking cores and payment infrastructure you’re already running. Splitit takes care of all technical integration to get you launched smoothly in weeks, not years.
Let’s build smarter payment solutions together
Partner with Splitit to unlock flexible payment solutions that work for you and your customers. Get in touch today for a no-obligation conversation.