Splitit is a unique service that enables consumers to pay for their Retail or Web purchases
using their existing credit cards and divide the total cost across as many interest-free payments as they choose, without completing a credit application or qualifying for a new credit line.

Unlike consumer financing solutions, the core of Splitit is the ability to optimize a card holder’s unused credit line as security for an installment plan. The merchant does not assume any greater risk than they have with a regular card transaction, and the consumer can easily charge any purchase on their existing credit card and pay it back in monthly interest free installments.

Splitit is a revolutionary product that enables merchants offer instant consumer financing without assuming any credit risk. Proven to increase ticket sales, increase average ticket size, increase revenue and decrease in eCommerce cart abandonment.

The merchant does not assume any greater risk than they have with a regular card transaction, and the consumer can easily charge any purchase on their existing credit card and pay it back in monthly interest free installments.

Benefits For Splitit Merchants

Increase Conversion

+20%

Incremental volume from financing is the key to success: The finance offer should attract and convert new customers who have not considered you before, such as Millennials.

Higher AOV

+80%

Since integrating Splitit into their website in May of 2016, IFN Modern has seen an 80 percent increase in AOV when purchases made via Splitit

Decrease Cart Abandonment

-10%

“Since first offering Splitit to customers, GlassesUSA.com has seen more than a 10% decrease in checkout abandonment for high order value baskets.” Daniel Rothman, CEO of GlassesUSA.com

Increase Total Revenue

+15%

“Since integrating Splitit into our checkout process, it has become many shoppers’ preferred payment method. Our total revenue has had an average increase of 15%”. ÉLÉVATIONE CEO

Incremental Sales, New Customers

+25%

Splitit converts customers that would have otherwise abandoned, generating more sales from the existing customer base and creating new customers

Increase Consumer Purchase Power

+50%

By offering customers affordable monthly payment options that fit any budget, you instantly increase their purchasing power

Jason Bradley, CEO-IFN Modern

“Since integrating Splitit into our website in May of 2015, IFN Modern has seen a 12 percent increase in average ticket size as well as an overall 10 percent increase in sales. We are able to capture customers faster because customers make purchase decisions quicker. I has proven to boost brand loyalty as customers became more likely to come back and purchase again. It is providing our customers more financial flexibility and it has made it easier to up sell and cross-sell additional items that complement the customer’s original purchase, resulting in higher average sales numbers.”