Banks & Financial Institutions
Banks & Financial Institutions

Installments at checkout

Increase “pay later” adoption rates with Splitit’s white-label installments at checkout.

$3.5T credit unlocked

Out of $4.5T credit issued on US cards, 80% is unutilized. Splitit unlocks $3.5T of credit and allows shoppers to split their payments using the credit they have already earned, without paying interest.

1.2bn approved customers

Anyone with a credit card can use Splitit, anywhere in the world. With no applications, underwriting or SSN required, there is no friction at the checkout.

$1000+ average order value

With no arbitrary purchase limit, Splitit is perfect for high-ticket items. Customers can maximize their purchasing potential using their existing available credit, leading to higher transaction values.

Introducing FI-PayLater

Splitit provides the technology that empowers you to offer installment payments embedded within the checkout.

Unified API Standard

Our unified merchant-facing API provides a single entry point for multiple installment programs, including eCommerce plugins and POS SDKs, streamlining integration and deployment.

Branded checkout experience

Enhance your brand visibility with an end-to-end checkout experience designed to optimize sales conversion while keeping your brand front and center.

One-click installments

Facilitate easier purchases with one-click installment selection at checkout, complete with customizable preferences for plan duration to suit varying consumer needs.

Flexible funding options

Choose from flexible funding options where either you or Splitit can pre-fund merchants, and collect the installments from the shopper.

A new way of thinking

Card-linked installments

We understand the delicate balance that banks and financial institutions strive to maintain between fostering card usage and preserving valuable issuer-consumer relationships.

Splitits’ card-linked model does not cannibalize card spend and does not disintermediate the issuer-consumer relationship through its own brand and platform.

Pay now $2,500 Pay in 3 $833.33 Pay in 9 $277.78 $2,500 Or from $416.66/mo Learn more

White-label installments give merchants full control of the user journey

Merchant benefits

Increase transaction values

There’s no arbitrary purchase limit, customers can maximize their purchasing potential using their existing available credit.

Build lasting loyalty

We do not collect shopper data for marketing purposes nor do we share data with third parties.

Drive more conversions

Our integrated technology delivers over 85% approval rates, versus an industry norm of 35%-40%.

The only installment payment solution that allows shoppers to use their existing credit card at checkout

Shopper benefits

No additional interest or fees*

Splitit will never charge customers interest or fees. (Standard credit cards T&Cs still apply).

*Standard credit card T&Cs still apply

No new loans

Customers use the credit they have already earned. All they need is the balance available on their credit card.

Keep the rewards coming

Customers get all the benefits of paying with their credit card, including rewards, transaction insurance and protection against fraud.

Preserving valuable issuer-consumer relationships

Issuer benefits

Be present in the checkout

66% of consumers want to know about installment offers before deciding what to buy. Post purchase installments are too late!

Retain cardholders

Long-Term installment plans that keep cards active and provide a financing alternative for revolvers, preventing “Card Hopping”.

Drive incremental card spend

A better alternative to legacy BNPL where 70-80% of settlements are conducted via debit/directbank transfer.

Benefits of card-linked installments

Splitit’s card-linked installments offer a cutting-edge payment solution directly at checkout, eliminating the need for applications or registrations post purchase. Our innovative approach caters to a broader range of shoppers, and boosts transaction volumes by offering immediate, flexible payment options at the point of sale.

Feature

Card-linked installments

Post-purchase installments

Available at checkout No application or registration Enhanced customer engagement Increased transaction volume Cater to a broader range of shoppers Personalized offerings at checkout
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Scale with ease

The easiest pay-later option to adopt

A single global API and an extensive network of partnerships makes Splitit’s Installment-as-a-Service the easiest pay-later option to adopt, integrate and operate across all consumer touch points.

100+

countries

100+

currencies

Multiple

networks

Google James Allen Canyon Nectar Vestiare Collective AliExpress Byte Gem Shopping Network Ableton Google James Allen Canyon Nectar Vestiare Collective AliExpress Byte Gem Shopping Network Ableton Google James Allen Canyon Nectar Vestiare Collective AliExpress Byte Gem Shopping Network Ableton Google James Allen Canyon Nectar Vestiare Collective AliExpress Byte Gem Shopping Network Ableton