• Splitit unveiled plans for the Splitit World Mastercard, a white-label credit card that combines traditional credit card functionality with flexible installment payments.
• The card allows consumers to automatically split purchases above a customizable spending threshold into monthly installments, with the option to adjust repayment plans.
• The offering, expected to become available in early 2027, will help mid-sized banks and credit unions compete with BNPL providers while maintaining ownership of their customer relationships.

Georgia-based BNPL solutions provider Splitit unveiled plans for the Splitit World Mastercard, a new white-label credit card that offers the flexibility of installment plans.

Shoppers can use the new credit card to make everyday purchases and use the app to set their own spending threshold. Any purchases over that amount can be automatically split into monthly installments to repay. Throughout the month, cardholders can switch a purchase to pay-in-full or they can adjust the installment plan before the statement is due.

Splitit World Mastercard combines Mastercard’s network infrastructure with Splitit’s installment technology. Because banks bring their own customers and brand, the new card offering allows banks to expand their lending and payment offerings to provide greater choice and flexibility while maintaining ownership of the customer relationships.

“The Splitit World Mastercard is a new type of credit card built for banks and credit unions that resembles the simplicity of debit for consumers and pairs it with the flexibility of installments,” said Splitit CEO Nandan Sheth. “Banks already have the relationship, the brand and the primary account. What many of them lack is a way to offer installment plans at the point of purchase without having to build a lending business from scratch. Our white-label card gives them that, under their own name.”

Splitit plans to begin shipping its World Mastercard to financial institutions in early 2027.

Splitit was founded in 2012, went public in 2019, and went private again in 2023 after it was acquired by Motive Partners. With an overall goal to simplify flexible payments, the company launched a partner program called the Agentic Commerce Partner Program in 2025. The new initiative allows autonomous shopping agents to make payments using card-linked installments.

The launch marks an interesting evolution for Splitit, which, for 16 years, has focused on enabling installment payments using consumers’ existing credit cards rather than issuing new credit products. Bringing installment functionality directly into a white-label credit card gives mid-sized banks and credit unions a way to compete with standalone BNPL providers without building their own installment infrastructure.

Notably, the approach also allows financial institutions to retain ownership of the customer relationship rather than ceding that engagement to third-party financing providers. This ownership question has become a hot topic lately, especially as consumers have started to turn to AI tools or other third party players to address their financial needs.

• Splitit and DXC Technology are partnering to bring AI-powered, card-linked installment payments to banks using DXC’s Hogan core banking platform, enabling personalized BNPL functionality directly from existing cards and accounts.
• The collaboration will help banks reclaim BNPL market share by eliminating friction while giving institutions the flexibility to originate installment loans on their own books or through Splitit.
• DXC’s bank clients will be able to embed installment capabilities within their own traditional banking infrastructure, helping them modernize, retain customer relationships, and compete on flexibility and user experience.

Georgia-based BNPL solutions provider Splitit announced it is collaborating with DXC Technology (DXC) to help banks compete on BNPL.

DXC Technology and Splitit have joined forces to bring card-linked installment payments to banks using DXC’s Hogan core banking platform. The integration enables banks to offer personalized, AI-powered installment plans at checkout or post-purchase, both online and in person, using cards and accounts customers already trust.

Hogan supports more than 300 million accounts across 40+ major banks with $5 trillion in deposits. By partnering with Splitit, banks can compete directly with BNPL providers while avoiding the friction of new account openings and serving customers who prefer to pay with debit. The collaboration aims to help banks reclaim market share lost to traditional BNPL players and deliver the flexibility today’s consumers expect.

“For decades, Hogan has been the backbone of the world’s largest banks. This partnership with Splitit shows how that foundation can now be used to create new revenue streams at the point of sale,” said DXC Global Head and General Manager of Financial Services Sandeep Bhanote. “By normalizing installment capabilities across existing accounts, we’re enabling issuers to modernize their offerings without replacing their core—and empowering consumers with flexible payments that use the cards they already trust.”

The benefits of the partnership extend beyond simply providing more payment options for end users. Banks will be able to deploy branded installment offers that appear natively at checkout or within the bank’s online banking portal. Additionally, partnering with Splitit will help DXC offer its bank clients the choice to originate the installments directly on their books or to have Splitit originate the installments.

“BNPL players have disintermediated banks by offering transactional lending at the merchant checkout. This partnership resets the playing field,” said Splitit CEO Nandan Sheth. “Together with DXC, we’re empowering banks to compete head-on with BNPL providers by bringing installments directly into existing bank accounts or issued debit cards. With DXC’s access to over 300 million bank accounts through its core banking platform, our joint technology gives financial institutions a seamless, low-lift way to automatically deliver installment functionality to existing customers. This innovation enables banks to maintain greater control of their customer relationships and attract new younger customers.”

Splitit was founded in 2012, went public in 2019, and went private again in 2023 after it was acquired by Motive Partners. The company seeks to simplify flexible payments, launching a partner program called the Agentic Commerce Partner Program earlier this month. The new initiative will allow autonomous shopping agents to make payments using card-linked installments.

While BNPL has fallen off the list of top trends in the past few years, its use has not dropped. The installment payment solution market is set to grow from $2.23 billion in 2024 to $3.44 billion by 2031, with 72% of merchants saying that they prefer card-linked installments for their simplicity and reach.

By embedding installment functionality into existing cards and core systems, DXC can help banks compete on flexibility without sacrificing customer relationships to third-party fintechs. As BNPL grows, the next wave of BNPL innovation isn’t about new entrants, but about how legacy infrastructure adapts to meet changing consumer expectations.

Photo by Nataliya Vaitkevich

• Splitit launched its Agentic Commerce Partner Program that enables AI agents to offer card-linked installment payment options directly within merchant checkout flows without requiring new lines of credit.
• The program is designed to align with emerging standards like Google’s AP2 and OpenAI’s Agentic Commerce Protocol, ensuring interoperability as autonomous shopping ecosystems evolve.
• As AI-driven commerce accelerates, Splitit aims to make flexible pay-later options a native part of agent-powered purchases starting with a pilot in the fourth quarter of this year.

Embedded BNPL solutions provider Splitit announced yesterday that it launched a partner program that will allow AI agents to take advantage of pay-later capabilities when making payments on behalf of their users.

Called the Agentic Commerce Partner Program, the new initiative will allow autonomous shopping agents to make payments using card-linked installments. AI agents that have registered with Splitit can request real-time installment options directly within the merchant’s checkout flow. The payments take place on existing payment rails using the users’ existing payment cards, and do not require new lines of credit.

While the agentic commerce landscape is still in its early days of development, Splitit built its Agentic Commerce Partner Program to align with emerging industry frameworks like Google’s AP2 and OpenAI’s Agentic Commerce Protocol to ensure flexibility and interoperability across future agent ecosystems.

“Agentic AI will fundamentally reshape how consumers and businesses buy,” said Splitit CTO Ran Landau. “Splitit’s mission is to ensure that seamless, transparent installments are built into this new paradigm from day one, not bolted on later. We look forward to partnering with leading merchants, platforms, networks, and banks in developing meaningful use cases that can be beneficial to shoppers and brands.”

Splitit’s new feature aims to keep up with the newest evolutions in agent-powered shopping. According to Adobe, 53% of consumers plan to use AI for product research and 40% plan to use AI for purchasing recommendations this holiday season, especially as shoppers are turning to Gen AI for deal-hunting, recommendations, and gift inspiration.

By embedding installment payment functionality directly into agentic commerce flows, Splitit is positioning itself at the cutting edge of autonomous shopping. As agentic ecosystems mature, the integration will allow merchants and platforms to offer more flexible, seamless payment options at the point of decision. Splitit’s Agentic Commerce pilot program will roll out in Q4.

Photo by Magda Ehlers

• Splitit is launching a new white-labeled payment offering called SplititExpress.
• The new tool supports installment payments via GPay and ApplePay, and helps customers check out in under two seconds.
• The merchant-branded checkout experience eliminates the typical visual clutter of online checkout interfaces by removing logos.

Buy now, pay later (BNPL) company SplitIt is launching a new white-labeled payment offering called SplititExpress. The new tool enables companies to facilitate a checkout process that takes fewer than two seconds while also supporting installment payments via GPay and ApplePay.

SplititExpress allows for a merchant-branded experience that eliminates the visual clutter by removing multiple logos and checkout options. It also empowers businesses by giving them full ownership of their customers’ journey and first-party data.

Splitit’s Installments-as-a-Service product is a BNPL tool that leverages Checkout.com’s payment-acquiring capabilities to enable consumers to pay for a good or a service in installments, interest-free. The Installments-as-a-Servce tool differentiates itself from traditional BNPL offerings, however, because it is completely white-labeled and offers customers a merchant-branded experience. Because of this, during the checkout flow, customers are not redirected to a third party. What’s more, because Splitit relies on a consumer’s existing credit card, the company does not require additional credit checks. All of this results in less friction for the customer and better control over customer relationships for the merchant.

“Reducing technical uplift for our Merchants is always top of mind at Splitit, that’s why SplititExpress can be embedded into their checkouts by simply adding a few lines of code,” said Splitit Chief Technology Officer Ran Landau. “The result is an end-to-end process that takes less than 2-seconds for a consumer to pay with installments, compared to the average 1 to 2-minutes that even the fastest legacy BNPL’s offer.”

SplititExpress also enables merchants to add their own branding and messaging, and choose the repayment option that best suits their customers. By helping merchants customize these details of the payments experience, SplitIt anticipates it will help improve the overall user experience during the checkout process.

 Founded in 2012 as PayItSimple, Splitit is based in Atlanta with offices in London and Australia, as well as an R&D center in Israel. The company is listed on the Australian Securities Exchange (ASX) under ticker code SPT and also trades on the US OTCQX under tickers SPTTY and STTTF. In recent years, Splitit has partnered with Stripe, Shopify, and Alipay to act as an Installments-as-a-Service option for their merchant clients.

Photo by Monstera

• Splitit partnered with Alipay to power the firm’s Pay After Delivery payment option.
• Splitit is leveraging Checkout.com’s payment-acquiring capabilities to facilitate Alipay’s Pay After Delivery.
• Splitit was founded in 2012 as PayItSimple. The company rebranded in 2015 under its current name.

Installments-as-a-service company Splitit announced a new tie-up with global payments platform Alipay this week. Under the partnership, Splitit will power Alibaba Group-owned AliExpress’ Pay After Delivery.

The new payment option enables shoppers to pay after delivery using their existing credit card. Pay After Delivery leverages Splitit’s Installments-as-a-Service platform that embeds a branded experience within AliExpress’ checkout flow.

Splitit, which leverages Checkout.com’s payment-acquiring capabilities to offer the new installment service, was founded in 2012 as PayItSimple. Splitit’s Installments-as-a-Service tool is similar to well-known buy now, pay later (BNPL) technologies in that it enables consumers to pay for a good or a service in installments, interest-free.

Splitit’s tool differentiates itself from BNPL, however, because it is completely white-labeled and offers customers a merchant-branded experience. Because of this, during the checkout flow, customers are not redirected to a third party. What’s more, because Splitit relies on a consumer’s existing credit card, the company does not require additional credit checks. All of this results in less friction for the customer and better control over customer relationships for the merchant.

“Our work with Alipay is a testament to the flexibility of Splitit’s platform and the strength of our new partnership with Checkout.com. Together we are providing a valuable resource for sellers and shoppers by powering payment after delivery,” said Splitit CEO Nandan Sheth. “We are thrilled to collaborate with two exemplary companies like Alipay and Checkout.com. I look forward to building on this initial launch by expanding into other markets in the future.”

Splitit is based in Atlanta with offices in London and Australia, as well as an R&D center in Israel. The company is listed on the Australian Securities Exchange (ASX) under ticker code SPT and also trades on the US OTCQX under ticker SPTTY and STTTF. Splitit has partnered with both Stripe and Shopify in recent years to act as an installments-as-a-service option for their merchant clients.

Photo by Tima Miroshnichenko