Point of sale financing
No application. No added interest.

Point of sale financing, redefined

Splitit’s card-linked installments are an alternative to traditional consumer financing, allowing shoppers to pay over time using their credit card, without paying interest.

“Splitit allows our customers an easy and accessible way to spread the cost of their purchase with as few barriers and pain points as possible.” Virgin Pure

Credit card installments unlock huge potential

1.2bn approved customers

Anyone with a credit card can use Splitit, anywhere in the world – no registration, application, or underwriting required.

$35,474 avg. credit available

Customers can maximize their purchasing potential using the credit they have already earned, without paying interest.

85%+ approval rate

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

How Splitit works

Splitit uses your customers’ existing credit card to enable them to split the cost of their purchase into smaller payments at point of sale. Splitit’s frictionless solution is embedded in the merchant checkout and requires no applications, credit checks or underwriting.

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

Authorization

Splitit authorizes the full amount of the purchase on the shopper’s existing credit card and temporarily reserves the balance from their credit card.

The shopper will need the full purchase amount available as credit on their credit card on the day of purchase.

Installment plan

The first installment is charged a few seconds after the purchase authorization or upon shipping.

Splitit will charge the shopper’s credit card every month until the plan is finished.

Point of sale installments

Installment Payments. Anywhere.

Set up installment plans on the fly, with no complicated registration or credit checks for your customers.

In-person

Simply share a QR code or send a payment link via email or SMS. Your customers can select a payment plan that suits them best.

On the phone

Accept payments over the phone and let your customers choose their preferred number of installments without the need for new credit applications.

Online

Integrate Splitit’s installment options directly into your checkout process, or send a payment link to your customers.

Splitit for e-commerce

Increase transaction values

With Splitit’s card-attached installments there’s no arbitrary purchase limit, customers can maximize their purchasing potential using their existing available credit, leading to higher transaction values.

Drive more conversions

Our integrated technology delivers over 85% approval rates, versus an industry norm of 35%-40%. Unlike traditional POS financing solutions, Splitit eliminates the need for applications and credit checks, creating a frictionless checkout experience.

Zero default risk

Splitit operates with customers’ existing credit cards – their installment payment plan lives within the limits of their existing credit card. This means there’s no risk of defaulting on payment – should a customer miss their payments, the total order amount will be charged to their card.

The future-proof point of sale financing alternative

With Splitit, customers can use their existing credit to pay for services without the burden of interest or new loans.

On average, consumers have $35,474 available on their credit cards. Splitit enables them to tap into this available credit, allowing them to choose higher-value options without added financial pressure. This not only helps your customers but also boosts your transaction values.

Feature

Consumer financing

Splitit

Use Existing Credit No Registration No additional interest or fees White-label Google Pay/Apple Pay Low Risk Support high-ticket purchases Increase sales potential Approval rate 35% 85%
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