Splitit has expanded its partnership with Highnote, a unified platform for acquiring, issuing, credit and real-time money movement, to issue virtual cards and process payments.
The company will use Highnote to process instalment repayment from customers, unifying its two-sided payment flow into a single provider. When this process happens through a single platform that drives issuing, the company can offer more transparency in real-time for every payment. This helps it speed up settlement, improve operations, and maintain a high standard of reporting for its consumers.
Unifying issuing and acquiring on one platform
Highnote is a platform for Embedded Finance designed to combine developer tooling with intelligence architecture to offer better, branded financial experiences. It provides built-in ledgering, integrated payment capabilities, and complete program management, supporting businesses like fintechs, vertical SaaS providers, and enterprises to roll out differentiated embedded payments solutions.
Highnote started collaborating with Splitit back in early 2025 to drive its instalment solution by leveraging automated virtual cards that pay merchants instantly with no requirements for new POS systems. The current alliance comes as the companies see enterprise momentum with their acquiring solution, reflecting how brands are consolidating their payments infrastructure on Highnote to move faster and differentiate.
The initiative supports Splitit to manage both sides of the payment flow, paying merchants up front and collecting repayments over time, all in a single place. The company will obtain faster money movement, unified data, and simpler compliance and reconciliation.
Highnote’s acquiring platform helps companies to accept card payments through plug-ins or customised journeys, as it connects directly to card networks. This reduces delays, costs, and operational complexity. Splitit aims to further contribute to embedded credit and payments developments, which drive customer experience transformation and merchant success.
For partners like Splitit, integrating Highnote acquiring entails that repayments run through the same platform that pays merchants, all payment information is recorded in one real-time ledger, and reconciliation is simplified. Additionally, fraud, compliance, and risk controls apply consistently, and funds settle faster with fewer errors.
