Splitit and Atlantic-Pacific Processing Systems NV, Corp. (APPS) have partnered to offer an integrated card-based installment payments solution. This collaboration will provide new buy now pay later (BNPL) options for merchants and enable ISOs, ISVs, and Payment Facilitators to offer installment services to their customers. Splitit’s Installments-as-a-Service (IaaS) platform will be integrated into APPS’s suite of white-label tools and front-end acceptance tools.
Facts
- Splitit and APPS have partnered to deliver an integrated card-based installment payments solution.
- The partnership will provide new BNPL options for merchants as part of APPS’s white-label acquiring programs for ISOs, ISVs, and Payment Facilitators.
- Splitit’s IaaS platform will be embedded into APPS’s suite of white-label booking, boarding tools, API’s, and merchant facing front-end acceptance tools.
- Merchants will be able to easily add one-click installments to their checkout using the integrated solution.
- APPS provides payment solutions to merchants of all sizes, including enterprise partners, philanthropic institutions, and ISOs/ISVs requiring customized payment processing solutions.
- Splitit’s distribution-led strategy will benefit ISVs in industries such as automotive, healthcare, education, and furniture.
- APPS will integrate Splitit into Olympus, its proprietary back-end settlement platform, and other acquiring front-end checkouts to expand BNPL accessibility for ISOs, ISVs, and Payment Facilitation providers.
