Plans
Splitit offers four merchant pricing tiers for offering credit card installment payments. Pricing is negotiated with Splitit sales and depends on transaction volume, merchant category, and desired APR configuration. All plans provide merchants with full upfront funding (except Premium Lite), white-label branding, and access to the Splitit REST APIs.
Plans is the machine-readable pricing-plan profile for Splitit on the APIs.io network, conforming to the API Commons Plans specification.
It defines 4 plans, with named plans including Essential, Flex, Premium, Premium Lite.
Tagged areas include Payments, Installments, Buy Now Pay Later, Credit Card, and Fintech.
Plans
Entry-level installment plan for merchants. Shoppers may pay an APR of up to 35.99% on their installments. Merchant receives full transaction funding at time of purchase. Ideal for merchants wanting to offer installments with no additional subsidy cost beyond standard processing.
Mid-tier installment plan offering variable APR between 0% and 35.99%. Provides a balanced approach giving merchants the ability to offer lower APRs to shoppers while keeping merchant fees lower than the Premium tier. Full transaction funding provided upfront to the merchant.
Recommended tier offering 0% APR installments to shoppers, funded by the merchant. Merchant absorbs the installment subsidy cost in exchange for improved conversion rates and higher average order values. Full upfront funding provided to the merchant. No interest or fees charged to shoppers.
0% APR installments for shoppers with partial upfront funding for merchants. Reduces merchant fee costs compared to the full Premium plan by deferring a portion of the merchant payout to align with installment collection. Ideal for merchants wanting 0% consumer APR at lower cost.