Splitit launches Splitit Plus, a new payment gateway designed exclusively for installment payments

  • Splitit Plus is the company’s new payment gateway enabling accelerated growth and seamless integration for merchants.

  • Now merchants can sign up and accept installment payments on their ecommerce site or in-store in minutes.

Splitit, a global payment technology company (ASX: SPT), today announced the availability of Splitit Plus, a new service that allows merchants of all sizes to offer deposit payments to their customers in minutes. Any trader can now activate Splitit through the Splitit Plus gateway or any other integrated gateway partner supported by Splitit worldwide.

Splitit built Splitit More as an integrated payment gateway for installment payments. Splitit Plus provides merchants with an all-in-one platform combining Splitit installment payment platform with a card processing solution for down payments. Splitit Plus also saves merchants money by offering competitive pricing and combining payment processing fees and remittance fees.

Now merchants can start accepting installment payments faster than ever. They can enroll directly through the Splitit Plus gateway or through one of the more than 90 integrated gateway partners currently supported by Splitit worldwide. Approval is fast, which means merchants can offer customers interest-free, fee-free installments within minutes.

“We created Splitit Plus with a customer-centric approach in order to provide an exceptional shopping experience with Splitit. This innovation of a payment gateway designed exclusively for installment payments makes it a quick and easy solution for merchants of all sizes to start accepting installment payments in minutes, ”noted Splitit CEO Brad Paterson.

“We believe that Splitit Plus places us in a strong position to continue our exciting growth trajectory. Delivering a faster, simpler onboarding experience and all-in-one fee structure allows us to accelerate the acquisition of merchants for large and small merchants while meeting the growing demand from merchants to add Splitit to their site or store, ”Paterson added.

Other advantages of the new Splitit Plus include:

  • Quick and convenient configuration: Start accepting installment payments in minutes.

  • All-in-one account: Combines the Splitit installment platform with card processing for deposits, all managed through one account.

  • Fast and transparent integration: easily integrates with most ecommerce platforms like Shopify, WooCommerce or Magento, or by incorporating it directly into the payment workflow on other platforms.

  • Simplify cash flow management: Eliminate the complexity of reconciling multiple accounts by deducting all fees up front.

  • Concierge Chargeback Service: Our fully managed service helps you manage the time and inconvenience of managing the chargeback process.

Splitit Plus integrates perfectly with websites and e-commerce platforms like Shopify, WooCommerce or Magento. Much like the Splitit business model, Splitit Plus gives merchants the choice of receiving the full cost of the purchase up front or over time as buyers pay their monthly installments. Splitit Plus is initially available in the United States, with plans for wider deployment in multiple countries in 2021.

Currently used by over 2,000 merchants in over 30 countries and buyers in over 100 countries, Splitit invented a new way to pay, allowing consumers to use their existing credit cards to spread payments over time to save money. better manage their finances. No requests, no fees and no hassle.

To register or learn more about Splitit Plus, visit www.splitit.com/splitit-plus.

About Splitit
Separate it is a global payment solutions provider that allows buyers to use the credit they’ve earned by splitting purchases into monthly interest-free installments using their existing credit card. Splitit enables merchants to improve conversion rates and increase average order value by giving customers a quick and easy way to pay for their purchases over time without the need for additional approvals. Splitit serves many of the Internet’s top 500 merchants and is accepted by over 2,000 e-commerce merchants in over 30 countries and by buyers in over 100 countries. Based in New York, Splitit has an R&D center in Israel and offices in London and Australia. The company is listed on the Australian Securities Exchange (ASX) under the code SPT.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210421006025/en/


Brian Blank, Splitit, [email protected]

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