Splitit Payments Ltd. is a technology company, which engages in providing a cross-border credit card based instalment solution to businesses and merchants. The company offers Splitit, a payment method solution enabling customers to pay for purchases with an existing debit or credit card by splitting the cost into interest-free monthly payments, without the need for additional registrations or applications. Splitit enables online retailers to offer their customers a way to pay for purchases in installments with instant approval, decreasing cart abandonment rates. The firm serves approximately 800 merchants in more than 20 countries.
Splitit Payments (ASX: SPT)
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Here are the latest articles on Splitit Payments (ASX: SPT)
Tap now, pay later at in-store checkouts with Splitit and Ingenico’s new service
February 2, 2023
So you’re in the store about to make a massive purchase by tapping your credit card, when suddenly, you hesitate. This is about to make a huge dent in your wallet in one fell swoop, so you decide against it. You might have one less problem to worry about soon as Buy Now, Pay Later
The New Criterion: searching for value in the ASX-listed ‘buy now, pay later’ sector
October 7, 2020
Amid the US-led tech sell off the ASX-listed buy now pay later (BNPL) sector has had a decent touch-up, with valuations as much as 40 per cent down on their recent peak levels. Is it enough to quell what many investment experts view as a clear case of irrational exuberance? The near-term price graphs tell
Buy Now Pay Later stocks: Value trap, or good long-term investment?
August 11, 2020
The BNPL (Buy-Now-Pay-Later) space has investors divided, on one side there is a belief that it is the next big craze and will become the payment method of the future. On the other side, many think some of them have a runway too high on hype. The question remains can APT and Z1P grow earnings
Splitit shares surge on BNPL collaboration with Mastercard
June 18, 2020
Payments company Splitit (ASX: SPT) is set to expedite its global growth strategy having partnered with Mastercard Inc (NYSE: MA) to develop Buy-Now-Pay-Later (BNPL) options into Mastercard’s technology suite. Through the partnership, Splitit aims to capitalise on the global BNPL phenomenon while offering payment choices, control and simplicity to consumers and businesses. “We are very
Splitit adds Ally Commerce as a global strategic partner
August 19, 2019
Buy-now-pay-later (BNPL) service provider Splitit Payments (ASX: SPT) has secured a new partnership with US eCommerce provider Ally Commerce which has already commenced offering the BNPL service for its online enterprise merchants. Differing from the individual brand approach employed by ASX darling Afterpay (ASX: APT), Splitit instead has been sewing up a series of strategic
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