#USA #Atlanta #payment solutions #Splitit Go #card-linked installments

Splitit Go™: A Game-Changer for Face-to-Face Sales

In an era where e-commerce dominates, Splitit has made a bold move to innovate how face-to-face sales transactions occur. The launch of Splitit Go™, a mobile solution designed for card-linked installment payments, aims to provide seamless purchasing experiences not just online, but also in various service-oriented sectors.

What is Splitit Go™?

Splitit Go™ empowers businesses within the home services, healthcare, automotive, specialty retail, and professional services sectors to offer payment plans right at the moment of sale. This means that sales representatives can provide flexible installment options directly to customers when discussing large purchases, thereby making the buying process more accessible.

Immediate Impact on Sales

Traditionally, high-value purchases require either online transactions or complex financing solutions involving multiple steps like credit applications and underwriting. Splitit Go™, however, changes that by allowing customers to utilize available credit on their existing credit cards. This eliminates the need for additional loans or credit checks, making the purchase process quicker and hassle-free.

With approximately $4.6 trillion spent annually in the U.S. services economy, the potential market for Splitit Go™ is massive. Many purchases in sectors such as contracting, medical care, and automotive services typically happen in person, revealing a gap where installment payment options weren't previously offered. Splitit Go™ aims to fill this gap, enabling merchants to generate installment offers swiftly from smartphones, tablets, or laptops, and customers can complete their purchases via QR code, text, or email, all without losing their loyalty to their trusted banks.

Key Features of Splitit Go™

One of the key advantages of Splitit Go™ is its simplicity and user-friendliness. Here are some notable features:

• - Instant Offer Generation: Merchants can create installment offers in seconds, making it easy to convert sales conversations into completed transactions.
• - Customer Convenience: The payment process allows customers to review terms on their devices, thus maintaining transparency and ensuring they are comfortable with their choices.
• - Enhanced Merchants' Payment Infrastructure: Splitit Go™ offers a headless installment infrastructure that can seamlessly integrate with merchants' existing payment systems through a simple API. This means that businesses can embed card-linked installments directly into their workflows without the need for significant changes.

Statement from Splitit

Collin Flotta, Head of Product at Splitit, emphasizes that commerce takes place beyond digital boundaries. “Commerce does not only happen online. It occurs in kitchens, consultation rooms, showrooms, and service counters,” he stated. This highlights the versatile application of Splitit Go™ across various sales environments.

Availability and Future Prospects

Splitit Go™ is readily accessible through major platforms like the Apple App Store and Google Play, as well as via web access. As merchants begin to adopt this innovative payment solution, there’s an optimistic outlook for both consumer engagement and increased sales conversion.

This breakthrough in payment technology not only boosts transaction values for businesses but also strengthens customer loyalty by allowing them to keep their existing banking relationships while enjoying new payment flexibility.

Businesses interested in adopting Splitit Go™ can find more information on the official Splitit website.

Conclusion

In summary, Splitit Go™ is a significant innovation that expands the frontiers of payment options in face-to-face sales. It represents a shift towards more consumer-friendly purchasing methods, which could redefine how transactions are conducted across multiple industries.