What’s on the Horizon
Splitit is testing FI-Pay Later with three banks at present, Sheth said, and will launch with at least one of those banks in the next two months.
“But the tech is fully built,” he said. Over the longer term, Sheth said, the opportunity is there for merchants and issuers to collaborate on marketing, and to jointly expand scale and reach.
Offering installments at checkout, he said, is also a significant opportunity overseas, as nearly half of Splitit’s business lies outside the U.S.
With FI-PayLater, he said, “We want to equalize the playing field for issuers.”
https://www.pymnts.com/buy-now-pay-later/2024/splitit-gives-banks-new-checkout-experience-to-reclaim-pay-later-space/
What’s on the Horizon Splitit is testing FI-Pay Later with three...
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