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Splitit is in talks with Google over US payments

Thursday 28 April 2022 10:29 CET | News

US-based BNPL provider Splitit has announced it is negotiating with Google about extending the pair’s partnership to the US consumer market.

The Buy Now, Pay Later company said that any expansion of its existing partnership with Alphabet's Google to markets, including the US, would be funded by its existing USD 150 million facility with Goldman Sachs.

Splitit, which allows consumers to make instalment payments against unused credit on their existing credit-card accounts, added that its collaboration with Google in Japan had paved the way for an augmented case study of its service.

Since the December quarter of 2021, Japanese customers have been able to split Google Store payments for a Pixel 6 phone into equal monthly instalments. The company’s services are free of fees, applications, and credit checks. Splitit offers Instalments-as-a-Service for merchants, networks and issuers via a single network API.


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Keywords: BNPL, Splitit, instalment payments, partnership
Categories: Payments & Commerce
Companies: Splitit
Countries: Japan, United States
This article is part of category

Payments & Commerce

Splitit

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