Splitit

24% of Consumers Worry Installment Plans Could Lead to Overspending
24% of Consumers Worry Installment Plans Could Lead to Overspending
October 26, 2023  |  Consumer Insights

Installment plans have become a preferred payment method for consumers. PYMNTS Intelligence has found that 60% of shoppers used an installment plan to buy consumer...

READ MORE >
Ubiquity Drives Consumer Demand for Credit Card Installment Plans
Ubiquity Drives Consumer Demand for Credit Card Installment Plans
October 19, 2023  |  Payment Methods

Getting what we want — now — but paying later for it is top of consumers’ minds. Nandan Sheth, CEO at Splitit, told Karen Webster...

READ MORE >
1 in 5 Shoppers Pay for Groceries in Installments
1 in 5 Shoppers Pay for Groceries in Installments
September 28, 2023  |  Consumer Insights

With consumers’ economic challenges continuing to limit their spending, many are turning to installment plans just to afford groceries, PYMNTS Intelligence reveals. By the Numbers...

READ MORE >
45% of Consumers Used Credit Card Installment Plans In Past Year
45% of Consumers Used Credit Card Installment Plans In Past Year
September 28, 2023  |  Consumer Payments

Installment plans have become an increasingly important payment method that many shoppers prefer. Across age groups and income brackets, 60% of consumers use installment plans...

READ MORE >
Splitit and AliExpress Bring ‘Pay After Delivery’ to the US
Splitit and AliExpress Bring ‘Pay After Delivery’ to the US
September 11, 2023  |  eCommerce

Installment payment platforms Splitit and AliExpress are bringing their “Pay After Delivery” offering to the United States. The service, already offered throughout Europe, lets consumers pay for goods...

READ MORE >
Splitit Secures $50 Million Investment From Motive Partners
Splitit Secures $50 Million Investment From Motive Partners
August 15, 2023  |  Buy Now Pay Later

Installments-as-a-service platform provider Splitit has secured an investment of $50 million from private equity firm Motive Partners. This commitment is composed of two tranches of $25 million in...

READ MORE >
APPS and Splitit Partner to Deliver BNPL Options to Merchants
APPS and Splitit Partner to Deliver BNPL Options to Merchants
May 18, 2023  |  BNPL

Atlantic-Pacific Processing Systems (APPS) and Splitit have partnered to deliver buy now, pay later (BNPL) options to merchants. The partnership will bring several new programs...

READ MORE >
5 Things Earnings Season Teaches Us About BNPL
5 Things Earnings Season Teaches Us About BNPL
May 10, 2023  |  Buy Now Pay Later

Sift through the filings, listen to the calls with management, and earnings season gives a sense of how consumers — and merchants — are embracing...

READ MORE >
Splitit and Visa Partner on Installments
Splitit and Visa Partner on Installments
May 05, 2023  |  Buy Now Pay Later

Splitit and Visa have partnered to offer merchants a buy now, pay later (BNPL) solution. The two companies have signed a two-year deal in which Splitit’s installments-as-a-service offering...

READ MORE >