SPT 0.00% 7.5¢ splitit payments ltd

Interest free monthly installment payments by using your...

  1. 341 Posts.
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    Interest free monthly installment payments by using your existing available credit on your credit card. SPLITIT is focused on the US, UK, Canada and Australia.

    SPLITIT is about how to efficiently use your existing asset (Credit Card Facility) without getting new credit.

    SPLITIT is different and if you haven't worked out the unique difference, look again and get into some research.

    SPLITIT gets it's fees from retailers and merchants, not consumers.

    Avoid Cart Abandonment (ACA) is what SPLITIT does. Price is the issue and SPLITIT gets over this problem by allowing the customer to use their Credit Card Facility effectively. Simply making the process seamless helps to avoid the cart abandonment issue. Customers just don't want to get more debt. They usually are happy with their current limits and are wary in taking on new debt products such as those offered by traditional BNPL company's like Z1P & APT.

    Remember, retailers don't want to see sales returned due to inability to afford, while consumers want to buy and get their loyalty points.

    You can use SPLITIT anywhere in the world that VISA & MASTERCARD are accepted. SPLITIT has a software layer covering the merchants & retailers by providing the SPLITIT SaaS (Software as a Service) or the SPLITIT Platform as a service (PaaS). Simply, SPLITIT provides the means allowing consumers, merchants and retailers to achieve what they want collectively and seamlessly without the need for credit checks, issuing new credit or having to provide personal information. Hope you're still with me.

    Shipageddon is happening; That's where on line shopping and the effects of the pandemic especially in the pre- Christmas sales period is creating a log jam in deliveries. People are now purchasing early, knowing full well that there will be a huge bottleneck in the delivery process. Just look at the delivery of the new Apple products, the new X Box and Play Station etc. That's why Black Friday sales are now not limited to one weekend.

    It's not all about retailers and merchants. SPLITIT is now moving into the services sector such as Quickpay and others that are to be announced. The services industry is a US$7 Trillion industry. By being an emerging early strike player, SPLITIT will have an extreme advantage.

    Now for the future: The guidance given by the company has spotlighted the growth through proper building of foundations for this company. The CEO has worked for PayPal and others. SPLITIT is a future step in the development in the consumer & services industry. This is a good time to own some SPLITIT.

    Brad Paterson SPLITIT CEO has stated (24/11/20) that the CREDIT CARD (VISA/MASTERCARD) pilot tests have been going extremely well and the numbers in these pilot tests are showing how well the performance is going. The goals have been achieved. I would expect that this information will be released with the other details soon.

    Watch this space.
 
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