Ingenico and Splitit Partner to Bring One-Touch, No-Interest, BNPL Checkout

Splitit | February 03, 2023 | Read time : 02:15 min

Ingenico and Splitit Partner to Bring One-Touch, No-Interest,

Ingenico, one of the global leaders in payments acceptance solutions, and Splitit, the only white-label, card-based installment platform using existing consumer credit, have announced a global partnership to bring one-touch, no-interest, BNPL capability to the physical checkout experience leveraging PPaaS, Ingenico's innovative, cloud-based Payments-Platform-as-a-Service, and Splitit's Installments-as-a-Service solution.

The partnership between Ingenico and Splitit overcomes the obstacles to provide a worldwide, one-touch, interest-free BNPL solution built into the merchant's current POS terminal. The outcome is an engaging omnichannel consumer experience that aids in the expansion of merchants' businesses and encourages customer loyalty and repeat purchases.

The PPaaS solution from Ingenico allows customers, such as banks and merchant acquirers, to choose from a catalog of payments and value-added services without requiring extensive and costly software development. Additionally, it eliminates the difficulty of distribution across various terminal brands.

Installments-as-a-Service is a new approach to driving BNPL by integrating a white-label, merchant-branded experience into a brand's current checkout flow. Splitit unlocks current consumer credit on credit cards for interest-free payments, unlike traditional BNPL offerings that generate new loans. Any customer having accessible credit on their credit card is immediately pre-approved for Splitit for the amount of that available credit. No application, registration, or redirection is required, and there are no extra interest charges, hidden fees, or credit checks, making it the most smooth and frictionless BNPL checkout experience for customers online and in-store.

About Ingenico

Ingenico is the worldwide leader in solutions for accepting payments. As the trusted technology partner for merchants, acquirers, banks, independent software vendors (ISVs), payment aggregators, and fintech clients, our world-class terminals, solutions, and services support the worldwide payments acceptance ecosystem. With 45 years of expertise, innovation is an intrinsic part of Ingenico's strategy and culture, encouraging our vast and diversified network of professionals to anticipate and contribute to shaping the growth of global commerce. Trust and sustainability are at the core of everything we do at Ingenico.

About Splitit

Splitit's Installments-as-a-Service platform supports the next generation of Buy Now, Pay Later (BNPL) via merchant-branded Installments. It resolves the issues that companies encounter with old BNPL while enabling BNPL at the POS for card networks, issuers, and acquirers through a single network API. Splitit's Installments-as-a-Service platform reduces the issues with legacy BNPL, such as clutter at the checkout, a declining conversion funnel, and a lack of control over the merchant's customer experience. It also restores merchants' capabilities to nurture and drive conversion, retain customers, and increase average order value. Its white-label BNPL is the simplest installment option for merchants to adopt, integrate, and administer, giving an uncluttered, streamlined experience seamlessly integrated into their current purchase flow. The firm has a research and development facility in Israel and operations in London and Australia.


With Shopify Functions and checkout UI extensions, you can build what you need to customize the look, feel, and behavior of your checkout experience. Create the product bundles, order routing logic, checkout and cart validation rules, or delivery and payment options you need.


With Shopify Functions and checkout UI extensions, you can build what you need to customize the look, feel, and behavior of your checkout experience. Create the product bundles, order routing logic, checkout and cart validation rules, or delivery and payment options you need.

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