Splitit: Unveils Installments-as-a-Service offer
- Splitit unveiled a new way to drive installment payments through its merchant-branded Installments-as-a-Service platform
- Instead of originating new loans taps existing consumer credit on payment cards to simplify the checkout experience
- While merchants are experiencing increased sales with legacy BNPL, they also face several challenges
- Installments-as-a-Service platform mitigates these issues, making it the most attractive value proposition for merchants
- Any consumer with the available balance on their credit card is automatically pre-qualified
- The largest university e-commerce platform OCM – powering digital commerce for millions of students, parents, faculty
