According to the press release, the partnership addresses the desire from multinational retailers and consumers to have greater choice at the checkout. Splitit’s omnichannel and cross-border instalment solution is available as an additional payment method for Divido merchants and customers initially in the UK and the US.
Divido’s research, The Spending Index: Big Ticket Edition, revealed that 60% of consumers would remain loyal to a retailer if the payments process was effortless, while a third of UK shoppers state that they view paying by finance as a convenient way to spread the cost of payments.
For more information about Splitit, please check out a detailed profile of this company in our dedicated, industry-specific online company database.
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