Country for PR: United States
Contributor: PR Newswire New York
Thursday, June 23 2022 - 22:01
Splitit and Everyware(R) team up to bring installments to Pay By Text
NEW YORK, June 24, 2022 /PRNewswire-Asianet/ --

  --Everyware selects Splitit's Installments-as-a-Service to add flexible 
    installments to its Pay By Text platform.
  --Utilizing Splitit's white-label integration delivers the least amount of 
    consumer friction for mobile installments.
  --The solution supports key verticals where Splitit's installment payments 
    an excellent fit like services, healthcare, home improvement, travel, and 
Splitit (ASX: SPT) (OTCQX: SPTTY) and Everyware, a leading contactless payments 
and customer engagement solutions company, have agreed to a partnership to 
bring Splitit's Installments-as-a-Service platform to Everyware's Pay By Text 
platform eliminating consumer friction for mobile installments.

Logo  -

Everyware will integrate Splitit's Installments-as-a-Service into its platforms 
to deliver an unprecedented mobile-first buy now, pay later (BNPL) solution 
with the least amount of friction for mobile payments. Splitit's white-label 
experience provides a simple integration through its single-point API which 
includes network programs like Visa Installments. Any consumer credit card is 
automatically pre-qualified to use Splitit. There's no application, interest or 
hidden fees and no changes to their credit report.

"Contactless payments and installment payments have followed a similar 
trajectory over the past few years. We saw a tremendous opportunity by 
combining the two. Splitit delivers minimal friction for mobile installment 
payments and an easy path to integrate with its API. We can offer a pre-funded 
BNPL solution embedded directly into our Pay By Text experience. Nothing in the 
market compares," says Kevin Feagan, Chief Revenue Officer at Everyware. "On 
top of this, there are significant synergies between the industries that both 
companies support."

For Everyware customers, offering mobile installments with Splitit will be as 
simple as turning on the feature in their Everyware portal. Splitit's use of 
global credit card networks also mean merchants can easily add their service to 
new countries or regions through a single integration. As part of the 
partnership, the companies will jointly target key verticals where the joint 
service is an ideal fit like services, healthcare, home improvement and 
non-profit. The integration is expected to be completed by Q3 2022.

"Everyware has done a tremendous job answering the needs of mobile-first 
consumers by leading the way towards widespread adoption of pay by text. The 
addition of Splitit's Installments-as-a-Service makes mobile payments even more 
powerful," adds Colt McCutcheon, Chief Revenue Officer of Splitit. "Consumers 
love the convenience of both contactless payments and installments. However, 
only we can deliver high AOV installments without a long registration process 
required for originating a new consumer loan."

Merchants and partners wanting to take advantage of Splitit's 
Installments-as-a-Service can start today at

About Everyware

Launched by Larry Talley and Scott Orlinsky in 2015, Everyware is a leading 
contactless payments and customer engagement solutions company. Everyware 
offers simple billing solutions for organizations in a wide variety of 
industries helping companies collect payments and connect with customers, 
especially through text messaging, the ultimate contactless technology. The 
company helps clients to boost revenue, reduce chargebacks and refunds, as well 
as improve customer service. There is no other highly secure, mobile 
communication platform and payment gateway on the market that combines these 
tools to meet the demand. It is the most straightforward, simple and scalable 
Pay by Text platform that has the capability to work alongside existing systems 
with easy integration.

About Splitit

Splitit powers the next generation of Buy Now, Pay Later (BNPL) through its 
merchant-branded Installments-as-a-Service platform. Splitit is solving the 
challenges businesses face with legacy BNPL while unlocking BNPL at the point 
of sale for card networks, issuers and acquirers all through a single network 
API. Splitit's Installments-as-a-Service platform mitigates issues with legacy 
BNPL like the declining conversion funnel, clutter at the checkout and a lack 
of control of the merchant's customer experience while putting the power back 
in the hands of merchants to nurture and retain customers, drive conversion and 
increase average order value. Splitit's white-label BNPL is the easiest 
installment option for merchants to adopt, integrate and operate while 
delivering an uncluttered, simplified experience embedded into their existing 
purchase flow. Headquartered in New York, Splitit has an R&D center in Israel 
and offices in London and Australia. Splitit is listed on the Australian 
Securities Exchange (ASX) under ticker code SPT and also trades on the US OTCQX 
under ticker SPTTY (ADRs) and STTTF (ordinary shares).

Contact Information

Brian Blank, Splitit 
+1 760 917 3321	

Michael McMullan or Felicia Kane
Berns Communications Group on behalf of Splitit

Everyware Media Contact
Jessica Wade Pfeffer

SOURCE  Splitit USA, Inc.