How will I receive payment from Splitit? January 31, 2023 13:09 Updated You receive funds from your payment processor according to your agreement with them. Related articles What is the maximum charge amount allowed with Splitit? Can I return or cancel my purchase and stop my Splitit installment plan? Who manages the monthly installment charges and authorizations? What happens to my payments if I return part of my purchase for a refund? When is the first payment?