About
Splitit splits a purchase into instalments on the shopper's existing credit card instead of issuing a new loan: at checkout the first instalment is charged and the remaining balance is held as an authorisation on the card, which is then drawn down on schedule. There is no new application or credit check, and no interest or fees unless the plan states them; the merchant pays for the service and can present it white-labelled under its own brand, online, by phone or in-store via QR code. Splitit is headquartered in Atlanta; Motive Partners took a controlling stake in December 2023, when Splitit voluntarily delisted from the ASX.
Official site →Countries
