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“Splitit is a frictionless solution to payment installments. There are no more long forms to fill out or credit checks. With Splitit, our customers are spending more money. The order tickets are +120% vs. non Splitit tickets.”
“Since offering Splitit to customers, the average order value has increased by more than 15% for shoppers spending more than $120 in products. We have also seen more than a 10% decrease in checkout abandonment for high order value baskets.”
Klarna is one of Europe’s leading payments providers and a newly-licensed bank, which wants to revolutionise the payment experience for shoppers and merchants alike. Founded in Stockholm, Sweden, in 2005, their give online consumers the option to pay now, pay later or over time offering a simple, safe and smoooth checkout experience. Klarna now works with 90,000 merchants, including ASOS, Adidas, Arcadia Group and IKEA. Klarna has 2,000 employees and is active in 14 countries. Klarna is backed by investors such as Sequoia Capital, Bestseller Group, Atomico, VISA and Permira.
Affirm’s mission is to deliver honest financial products that improve lives. By building a new kind of payment network — one based on trust, transparency and putting people first — we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike credit cards and other pay-over-time options, we show consumers exactly what they will pay up front, never increase that amount, and never charge any late or hidden fees.
Bread Payments is now Bread Financial. Follow us at @Bread Financial & learn more at www.breadfinancial.com
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