SPT 0.00% 7.5¢ splitit payments ltd

Why no app?, page-16

  1. 765 Posts.
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    So a card authorisation is on the account for the full amount at the initial purchase....
    Then what is the benefit of splitting the payment if it puts the full transactiom as a authorization on my card on the initial payment date? it still locks the customers out of their available funds.

    to most consumers a card authorisation and a payment are the same thing effectively, i know there is a difference...

    so i go back to how is it beneficial to the consumer?
    Last edited by ironwang: 01/08/20
 
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