Splitit now moves to the store with Apple Pay and Google Pay

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Splitit is taking its installment payments to in-store stores around the world.

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The increased flexibility to pay over time helps alleviate the perceived risk of large spending and helps consumers afford the products they want. Splitit InStore also extends to telephone orders by providing additional functionality for merchants.

The company also announced that several new leading brands have signed up to use Splitit InStore. These brands include La-Z-Boy Furniture Galleries, Gem Shopping Network, PROCAM, Faberg, KEF, and Aftershock PC Australia. Merchants interested in adding Splitit InStore to their stores can join the waiting list at www.SplitIt.com/InStore.

“Online shopping has transformed the way we shop for furniture. But consumers still want to see, feel and experience our furniture firsthand,” said David Hilst, owner of five La-Z-Boy Furniture Galleries stores in Illinois. and Indiana. “Splitit offers a seamless in-store experience. We can meet the buyer in the store and offer an installment option instantly is the best online experience in an offline environment. You don’t get this with other funding options.”

The service is accessible on any connected device. It can be offered directly at the time of purchase without any request or registration from the buyer. And because Splitit uses the consumer’s available credit on a credit card, approval rates are in line with credit card industry averages of 85% or more .1 No red tape and low rejection rates mean more sales. closed and less time for check-out. The installment plans can last from six to 24 months and Splitit never charges commissions or interest to the consumer. It’s a win for merchants, salespeople, and customers.

“Retailers are starting to see a substantial increase in in-store traffic as we slowly recover from the pandemic. As a result, providing an in-store solution has been the number one demand for Splitit’s customers,” notes Brad Paterson, CEO of Splitit. “Splitit InStore answers this call and is just one of the ways we continue to innovate to accommodate this permanent change in shopper habits and preferences. In addition to expanding our addressable market by accessing retailers with a physical store presence, this opens up also Splitit to exciting new categories “.

Splitit InStore benefits other industries, including automotive repair, healthcare, home improvement and repair, and others without a flexible system for offering customers installment payments.

New merchants using Splitit Instore include:

La-Z-Boy Furniture Galleries: On show the world’s leading residential furniture manufacturers with furniture for every room in the house. Hilst Enterprises operates five La-Z-Boy Furniture Galleries stores in Illinois and Indiana and uses Splitit InStore to deliver a seamless shopping experience. Gem Shopping Network: Gem Shopping Network, the leading omnichannel platform for the sale of fine jewelry in the United States, reaches over 60 million pay-TV families and millions more through OTT, streaming and social platforms. Gem Shopping Network will partner with Splitit to pilot the program for their customers, giving them the flexibility to pay over time. PROCAM: a family business that deals with professional photography and video production. PROCAM will integrate Splitit into its e-commerce site and offer Splitit InStore at its physical locations in Chicago, Detroit and Cincinnati. Faberg: Faberg, the world’s most iconic jeweler artist, creates extraordinary jewelry, watches and art objects, as well as bespoke commissions for a discerning international clientele. Faberg is currently using Splitit in its online boutique, Faberge.com, and will implement Splitit InStore for select boutiques in Europe. KEF: After more than half a century at the forefront of audio, the company remains committed to sound excellence. KEF’s reputation for quality rests on a refusal to compromise on authenticity or hearing experience. KEF offers Splitit online and uses Splitit InStore at the KEF Music Gallery in Hong Kong to enhance the customer experience. Aftershock PC Australia: Founded in 2012 by a team of hardware enthusiasts, competitive gamers and IT professionals, Aftershock PC delivers the ultimate boutique PC experience through a combination of craftsmanship, uncompromising service and value. The company offers Splitit InStore in its new showroom in Melbourne for both its Aftershock and OmniDesk brands.

The launch of Splitit InStore continues the recent innovation and growth of the company. Recent milestones include the debut of Splitit Plus in April, a payment gateway created exclusively for installment payments and several key partnerships, most notably the recent partnership with tabby, the largest BNPL provider in the Middle East. tabby will integrate a white label version of Splitit into its platform, allowing tabby merchants to offer credit card installments.

To learn more about how Splitit InStore can instantly add installments to your retail stores, visit: www.SplitIt.com/InStore.

About SplititSplititis a global payment solution provider that allows shoppers to use credit earned by splitting their purchases into interest-free monthly installments using their existing credit card. Splitit allows merchants to improve conversion rates and increase average order value by giving customers a quick and easy way to pay for purchases over time without requiring further approvals. Splitit serves many of the Internet Retailer’s top 500 merchants and is accepted by over 2,000 ecommerce merchants in over 30 countries and shoppers in over 100 countries. Headquartered in New York, Splitit has a research and development center in Israel and offices in London and Australia. The company is listed on the Australian Securities Exchange (ASX) under the ticker code SPT.

1Worldpay, the challenges of online payments

Contact: Brian Blank [email protected]

SOURCE Splitit USA, Inc.

Related links

www.splitit.com

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