Splitit is a payment platform that allows consumers to split the cost of purchases into interest-free monthly payments using their existing credit cards. Splitit enables merchants to offer flexible payment options to their customers without requiring any new credit applications, checks, or extra fees.
It works by authorizing the total purchase amount on the customer’s credit card and then charging each monthly installment amount. Customers must have sufficient credit available on their credit cards to cover the total purchase amount, but they do not need to pay any interest or fees to use Splitit.
Features
- Payment platform
- No hidden fees
- Credit cards
- Installment
Similar to Splitit
License Model
Splitit Alternatives Information
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