Splitit is revolutionizing the way people pay and merchants accept payment. The technology allows consumers to pay in installments using the credit they already have, giving them complete control of their cash flow. Unlike other solutions, Splitit is not consumer financing - there is 0% interest, no application, no late fees and consumers get to collect and use their own credit card rewards. Splitit is the only installment solution with global reach.
Merchants that accept Splitit give their customers more flexibility in how they want to pay, and realize benefits that on average result in increase in sales, +80% increase in average order value, decrease in cart abandonment and decrease in returns. Splitit, headquartered in New York, currently works with hundreds of Internet Retailer's Top 500 merchants around the globe, with average purchasing price points ranging from $300-$1000.