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.