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Splitit enables e-commerce merchants to offer interest-free monthly installment payments to their customers at the point of sale. Customers do not have to apply for a new credit line or qualify for a new credit card. Splitit works on their existing credit cards so customers also enjoy all of their regular credit card benefits such as points, cash-back and mileage. For businesses, having this additional payment option can mean increased conversion rates, higher average tickets, increased customer satisfaction and reduced barriers to purchase.
PayItSimple rebranded as a Splitit, It allows individuals to charge any purchase on their existing credit card and pay it back in monthly, no-fee interest free installments.
PRODUCTS & SERVICES
Installment Payments Splitit helps retailers, dentistry offices, surgery centers, and many other companies in boosting their revenues and building customer loyalty.
The company charges pricing according to its offered plans: Basic Plan and Funded Plan which varies asper the product and services set up by the customers.
The company helps it users to make their purchases at stores and on ecommerce sites with INTEREST- FREE monthly payments on the Visa and MasterCard credit cards
DATE OF LAST FUNDING
SEED & PRIOR FUNDING
SEED CLOSED ON
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