Splitit InStore was designed to meet the needs of retail sellers to deliver a better customer experience at a time when retailers are also considering how to optimize their omnichannel strategy. Splitit InStore offers a payout option that the retail associate can offer to buyers when they are making high value purchases, such as home furnishings, jewelry, luxury goods, and sporting goods. Splitit InStore also allows buyers to use ApplePay and GooglePay accounts through Splitit, using link payment with a Splitit QR code, SMS or email, when shopping from participating merchants.

The added flexibility to pay over time helps mitigate the perceived risk of large expenses and helps consumers buy the products they want. Splitit InStore also extends to telephone orders providing additional capabilities to merchants.

The company also announced that several new top brands have committed to using Splitit InStore. These brands include La-Z-Boy Furniture Galleries, Gem Shopping Network ™, PROCAM, Fabergé, KEF and Aftershock PC Australia. Merchants interested in adding Splitit InStore to their points of sale can register on the waiting list at www.SplitIt.com/InStore.

“Online shopping has transformed the way we shop for furniture. But consumers still want to see, smell and experience our furniture firsthand, ”said David Hilst, owner of five La-Z-Boy Furniture Galleries in Illinois and Indiana. “Splitit offers a seamless in-store experience. We can meet the buyer in the store and offer a payout option instantly – it’s the best online experience in an offline environment. You don’t get that with other financing options.

The service is accessible on any connected device. It can be offered at the time of purchase without any request or registration being required by the purchaser. And because Splitit uses the consumer’s available credit on a credit card, approval rates are in line with credit card industry averages of 85% or more.[1]. No bureaucracy and low rejection rates mean more closed sales and less verification time. installment plans can last anywhere from six to 24 months, and Splitit never charges consumers any fees or interest. It is a victory for traders, salespeople and customers.

“Retailers are starting to see a steady increase in in-store traffic as we slowly recover from the pandemic. As a result, providing an in-store solution was the number one demand for Splitit customers, ”notes Splitit CEO Brad Paterson. “Splitit InStore answers this call and is only one way for us to continue to innovate to match this permanent change in the habits and preferences of buyers. As well as expanding our addressable market by accessing retailers with a physical store presence, this also opens up Splitit to exciting new categories. “

Splitit InStore benefits other industries including auto repair, healthcare, home repair and improvement, and others without a flexible system to provide customers with installment payments.

New merchants using Splitit Instore include:

• La-Z-Boy Furniture Galleries: Showcasing the world’s leading producers of residential furniture with furniture for every room in the home. Hilst Enterprises operates five La-Z-Boy Furniture Galleries stores in Illinois and Indiana and uses Splitit InStore to provide a seamless shopping experience.
• Gem Shopping Network: Gem Shopping Network, the leading omnichannel platform for fine jewelry in the United States, reaches over 60 million pay TV households and millions more on OTT, streaming platforms and social. Gem Shopping Network will partner with Splitit to drive the program for its customers, giving them the ability to pay over time.
• PROCAM: A family owned and operated business serving professional photography and video production. PROCAM will integrate Splitit into its e-commerce website and offer Splitit InStore in its physical stores in Chicago, Detroit and Cincinnati.
• Fabergé: Fabergé, the world’s most iconic jewelry artist, creates extraordinary jewelry, watches and works of art, as well as custom orders for a demanding international clientele. Fabergé currently uses Splitit in its online store, Faberge.com, and will implement Splitit InStore for certain stores in Europe.
• KEF: After more than half a century at the forefront of audio, the company remains committed to excellence in sound. KEF’s reputation for quality is built on refusing to compromise on authenticity or sound experience. KEF offers Splitit online and uses Splitit InStore at KEF Music Gallery in Hong Kong to improve customer experience.
• Aftershock PC Australia: Founded in 2012 by a team of hardware enthusiasts, competitive gamers and IT professionals, Aftershock PC delivers the ultimate boutique PC experience through a combination of craftsmanship, service without compromise and value. The company offers Splitit InStore in its new showroom in Melbourne for its Aftershock and OmniDesk brands.

The launch of Splitit InStore continues the company’s recent innovation and growth. Recent milestones include the launch of Splitit Plus in April, a payment gateway designed exclusively for installment payments, and several key partnerships, including the recent partnership with tabby, the largest BNPL provider in the Middle East. tabby will integrate a white label version of Splitit into its platform, allowing tabby merchants to offer installments on credit cards.