News: SPT Splitit Partners With Visa To Help Accelerate Installment Innovation Globally, page-10

Splitit Partners with Direct2Internet to Offer Its Installment Solution to Swedish Merchants


http://www.direct2internet.com/splitit-partners-direct2internet-offer-installment-solution-swedish-merchants/?fbclid=IwAR1fYsz6KPHkYth3Yh4aIOUhCsE8d8OGPif6kLNRWSXtyJGbQnL0NpntvLc



: 2020-03-02Swedish medical cosmetics brand Medicera will be the first merchant to go live through the partnershipNew York and Stockholm, March 2, 2020 – Splitit, a leading global monthly installment payment solution, today announced its partnership with Swedish fintech company Direct2Internet, to offer Swedish and Nordic merchants Splitit’s interest and fee-free monthly installment payment solution via the Direct2Internet checkout page.Direct2Internet represents a one-stop-shop for Swedish merchants, offering e-commerce and physical retail payment solutions from card payment terminals to e-commerce integration software. The partnership will see Splitit’s interest and fee-free monthly installment payment solution added to the Direct2Internet checkout page as a new payment option, offering Swedish and Nordic merchants access to Splitit’s solution for both physical and online purchases.

The first merchant to go live with Splitit through this partnership will be Medicera, a Swedish medical equipment manufacturer and exclusive distributor of leading brands in aesthetics and clinical equipment.Speaking to the partnership, Splitit’s CEO, Brad Paterson, said, “We are very excited to be partnering with Direct2Internet to offer Swedish merchants Splitit’s unique installment payment solution through the D2I platform.

The Swedish market is ripe for new and innovative payment solutions and we are thrilled to offer Swedish consumers our hassle-free, omnichannel, and cross-border solution.”Direct2Internets CEO, Jens Claessons, said: “We are thrilled to add Splitit’s payment option to the Direct2Internet checkout page. Especially in Sweden, where the largest competitor is based on a traditional invoice service, Splitit’s partnership with Direct2Internet is something completely new.

Splitit is the best option for consumers who want interest-free installments, with no hidden fees.”As the only provider of installments on credit cards, Splitit’s solution offers consumers an easy way to pay for purchases in monthly installment payments with instant approval and no credit check, application or registration required. This means a faster and more streamlined checkout in-store, online, or via mobile device.D2I's customers include merchants such as Stiga, Husqvarna, Mora, RIA and Teamsportia.

The company has connected card terminals across Nordics, and in 2015 was recognized as one of Europe’s most promising technology companies by global media company Red Herring.About SplititSplitit is a payment method solution enabling consumers and businesses to pay for purchases with an existing credit card by splitting the cost into interest and fee-free monthly payments, without the need for additional registrations or applications. Splitit’s consumer solutions enable merchants to offer their customers an easy way to pay for purchases in monthly installments with instant approval, decreasing cart abandonment rates and increasing revenue.

Splitit Business Payments allows manufacturers and suppliers to provide buyers with an interest-free, installment credit solution for purchasing goods and services utilizing their existing credit cards. Serving many of Internet Retailer’s top 500 merchants, Splitit’s global footprint extends to 27 countries around the world. Headquartered in New York, Splitit has an R&D center in Israel and offices in London and Australia.