Splitit is a technology company that enables Merchants to offer installment plans to their customers. When you get to checkout with a Merchant that offers Splitit, you will see the option to split your payments into installments.
At checkout our system will contact your credit card provider to determine if they approve your purchase. If they do, we will authorize up to the full amount of your purchase on your card. This is not a charge, but simply a temporary hold as a guarantee to the Merchant that you are able to pay for your purchase. This is a required part of paying in installments since there is no loan, credit check, or additional fees from Splitit.
Every month we will automatically charge your installment amount on the agreed upon date until your plan is complete. We will also send you email updates throughout your plan to help you keep things on track. You can access the details of your plan in our Shopper Portal and connect with our Support team for any questions.
Already have a plan? Log in to the Shopper Portal and under 'Plan Details' click on 'How Splitit Works?'. This will take you to a detailed explanation of your particular plan.