WALTHAM, Mass., June 2, 2020 / PRNewswire / – BlueSnap, an all-in-one payment platform listed in Inc. 5000, today announced its integration with Splitit as part of a partnership that will enhance the merchant and customer experience on installment payment transactions. Splitit Payments Ltd offers free installment payments on credit card purchases, allowing consumers to split payments into smaller increments.
BlueSnap provides everything businesses need to process payments, increase sales, and reduce costs, all in one place, including a payment gateway platform, merchant account, and advanced features that improve business performance. financial performance. Splitit works as a technology layer, improving merchant conversion by facilitating hassle-free payout options with no apps or new credit.
Splitit helps merchants reduce cart abandonment, while increasing conversions and average order value, thereby increasing sales. It provides access to a billion buyers using their existing Visa and Mastercard cards, serving as a comprehensive solution wherever these cards are accepted. Splitit facilitates fast payment as it does not require registration or credit verification and offers high approval rates and omnichannel capabilities. Since Splitit and BlueSnap are integrated, no further integration is needed for merchants to enjoy these benefits.
Splitit integration allows buyers to pay in installments with a unique approach that applies monthly fees to an existing card. Buyers can buy now and pay later using a card they already own with no need for additional cards or lines of credit, no requests, no credit checks, and no interest charges. With Splitit, shoppers continue to earn rewards on their credit card.
“Our ecommerce customers are always looking for ways to increase sales conversions and deliver a great experience. Splitit delivers both. It cuts down on buyers’ upfront expenses by providing easy installment payments at no cost, no cost. applications nor interference with card rewards, ”said Ralph dangelmaier, CEO of BlueSnap. “BlueSnap makes it easy for businesses to accept all types of payments, and since Splitit is integrated with the all-in-one payment platform, merchants can offer installment payments without any additional coding. “
“We are proud to partner with BlueSnap and help e-commerce businesses provide consumers with the ability to extend their own credit. This partnership allows us to reach a wide range of fast growing ecommerce merchants and provide them with installment payments right on their platform, ”said Brad paterson, CEO of Splitit. “Like BlueSnap, we’re happy to help merchants increase conversions when it matters most.”
BlueSnap provides an all-in-one payment platform designed to increase sales and reduce costs for B2B and B2C businesses. Our platform supports online and mobile sales, marketplaces, subscriptions, bill payments and manual orders through a virtual terminal. With just one integration to our platform, businesses can easily accept any payment. The platform includes access to 110 payment types, including popular e-wallets, built-in world-class fraud prevention to protect sales, and in-depth analytics to help businesses grow. Situated at Waltham, MA, BlueSnap is backed by world-class private investors including Great Hill Partners and Parthenon Capital Partners. Learn more about home.bluesnap.com.
Splitit is a payment method solution that allows consumers and businesses to pay for their purchases with an existing credit card by dividing the cost into monthly payments with no interest and no fees, without the need for additional registrations or apps. Splitit’s consumer solutions enable merchants to offer their customers an easy way to pay for their purchases in monthly installments with instant approval, which decreases cart abandonment rates and increases revenue. Splitit Business Payments enables manufacturers and suppliers to provide buyers with an interest-free installment credit solution for the purchase of goods and services using their existing credit cards. Serving many of Internet Retailer’s 500 largest merchants, Splitit’s global presence spans 27 countries around the world. Based at new York, Splitit has an R&D center in Israel and offices at London and Australia.
Bri’s Helm, SSPR