back Back

Splitit & APPS partner to simplify payments

By Delisha Fernandes

May 19, 2023

  • automotive
  • B2B Merchants
  • BNPL program
Share

SplititSplitit, a Buy Now, Pay Later (BNPL) platform, announced its partnership with Atlantic-Pacific Processing Systems, a payment solutions provider, to deliver an integrated card-based instalment payments solution.

The partnership will create many new buy now pay later (BNPL) options for merchants to access as part of APPS white-label acquiring programs for ISOs, ISVs and Payment Facilitators.

Splitit’s Installments-as-a-Service (IaaS) platform will be embedded into APPS’s white-label booking, boarding tools, APIs and merchant-facing front-end acceptance tools. This will allow merchants to easily add one-click instalments to their checkout and provide a simple solution for ISOs, ISVs and Payment Facilitators to offer this service to their customers.

“We are delighted to partner with APPS to offer their enterprise clients, ISOs, ISVs and integrated accounting solutions Splitit’s best-in-class white-label experience,” said Nandan Sheth, CEO, Splitit. “This partnership demonstrates the strength of Splitit’s distribution-led strategy as it serves ISVs in the automotive, healthcare, education, and furniture industries.”

“Splitit is the ideal complementary solution to offer our ISOs, BINs, and ISV Payment Facilitation partners,” said Abe Maghaguian, CEO APPS. “This partnership will allow them to maintain their merchant relationships while providing a frictionless BNPL program which any customer may apply to any transaction at check out. Together, we can bring a new BNPL program to market for any ISO or ISV to use with their existing acquiring program, expanding this underserved group of merchants’ ability to sell their products to customers who rising costs may otherwise burden.”

Maghaguian added: “We are honoured to welcome Splitit to the APPS family of strategic partners. APPS is a perfect match for Splitit’s Installments-as-a-Service platform. It will empower our Agents, ISOs, ISVs and Payment Facilitators to grow their margins with clients, an essential differentiator for APPS.”

Previous Article

May 19, 2023

Vonage and Meta to enable payments via WhatsApp in Singapore

Read More
Next Article

May 19, 2023

Glassbox to offer Consumer Duty solution to UK Finance members

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

automotive

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Storfund & Mangopay to ease cash flow for marketplace sellers

Read More

Today

Revolut teams with Jabil to scale development of mobile payment solutions

Read More

Today

Worldline partners with Google to enhance cloud-based innovation

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023