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Splitit VS Partial.ly

Compare Splitit VS Partial.ly and see what are their differences

Splitit

Splitit is a solution that enables consumers to pay for their Retail or Web purchases using their existing credit cards and divide the total cost across as many interest-free payments as they choose, without completing a credit application or qualif…

Rating
0 reviews
Alternatives Is it good?
Partial.ly

Partial.ly can be used as a business collections tool and increase cash flow by giving customers a payment plan option for large invoices.

Rating
0 reviews
Alternatives Is it good?
DocRaptor
As the only API powered by the Prince HTML-to-PDF engine, DocRaptor provides the best support for complex PDFs with powerful support for headers, page breaks, page numbers, flexbox, watermarks, accessible PDFs, and much more sponsored

Which is more popular?

Based on our record, Partial.ly seems to be more popular. It has been mentioned 12 times since March 2021.

social mentions
0 vs 12
Online Payments popularity
60% vs 40%
alternatives listed
65 vs 50

Base details

Website, pricing, platforms and company facts side by side.

Splitit
Partial.ly
Website splitit.com partial.ly
Pricing
Official pricing
Official pricing
Listed in
Business & Commerce Online Payments Buy Now Pay Later Office & Productivity +1
Business & Commerce Online Payments Buy Now Pay Later Office & Productivity +1

Features and specs

What each product offers, as listed by its team.

Splitit 4 features
Partial.ly 5 features
  • Interest-Free Payments
    Splitit allows customers to pay in installments without charging any interest, making it an attractive option for those looking to spread costs over time.
  • No Credit Check
    Splitit does not require a credit check to use its services, which can be beneficial for individuals who have a limited credit history or want to avoid impacting their credit score.
  • Easy Integration
    For merchants, Splitit offers easy and seamless integration with their existing payment systems, allowing them to offer flexible payment options to customers without significant technical overhead.
  • Increase in Sales
    By offering a payment plan, Splitit can potentially increase sales for merchants as customers are more likely to make larger purchases when they can spread out payments.

Possible disadvantages

  • Credit Card Requirement
    Customers must have a credit card with sufficient available credit to cover the full amount of the purchase, which might restrict some users from using the service.
  • Hold on Credit Amount
    While using Splitit, the customer's credit card will have a hold placed on the full amount of the purchase, potentially reducing their available credit.
  • Limited Market Presence
    Splitit's availability might be limited depending on the region, meaning not all merchants or customers can access its services globally.
  • Dependence on Card Issuers
    The service's operation depends on agreements with card issuers and networks, which may create dependency issues if partnerships change or end.
  • Flexibility
    Partial.ly allows businesses to offer customizable payment plans to their customers, providing more flexibility in how payments are made.
  • Automation
    The platform offers features like automatic payment processing and reminders, reducing the manual effort needed to manage payment plans.
  • Integration
    Partial.ly integrates with various e-commerce platforms (such as Shopify and WooCommerce), making it easy to incorporate into existing business systems.
  • User Experience
    The interface is designed to be user-friendly for both merchants and customers, ensuring a smooth setup and payment experience.
  • Increase in Sales
    By providing more payment options, businesses can potentially increase their sales and customer base.

Possible disadvantages

  • Transaction Fees
    Partial.ly charges fees per transaction, which can add to the cost of using the service for businesses, particularly those with lower margins.
  • Complexity of Setup
    Setting up the service might require some initial effort and understanding, especially for those not familiar with payment gateway integrations.
  • Customer Dependence
    Businesses become reliant on customers making their scheduled payments, which could lead to potential cash flow issues if defaults occur.
  • Limited Support for Certain Industries
    Partial.ly may not be suitable for industries with unique billing requirements that do not align with the platform's features.
  • Dependency on E-commerce Platforms
    While integration is a pro, it also means that the service is dependent on the functionality and limitations of those e-commerce platforms.

Analysis

An editorial look at what each product does well and who it suits.

Splitit
Partial.ly

Overall verdict

  • Splitit is considered a good option for those looking to split payments without taking on additional debt or interest. The service can be especially appealing to consumers who want to budget for larger purchases without impacting their credit rating. However, it's important to ensure that the merchant you're purchasing from supports Splitit.

Why this product is good

  • Splitit offers a unique payment solution that allows consumers to pay for purchases over time using their existing credit cards, without incurring interest or fees. This can be beneficial for managing cash flow and making larger purchases more affordable. Additionally, because Splitit's method doesn't involve opening a new line of credit, it avoids affecting the user's credit score.

Recommended for

  • Consumers who prefer interest-free payment plans
  • Individuals looking to manage cash flow efficiently
  • Shoppers who want to avoid impacting their credit score
  • People making larger purchases who prefer to spread the cost over time

No analysis of Partial.ly yet.

Videos

Walkthroughs and reviews on video.

Splitit 3 videos + Add
Partial.ly 1 video + Add

SPLITIT GOES GLOBAL WITH MASTERCARD DEAL 💳

More videos

  • - 3 PROBLEMS with buy now pay later. Afterpay, Zip Pay, Splitit etc.
  • - How Does Splitit Work for Shoppers?

Partial.ly - Payment Plans | How It Works

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Splitit
Partial.ly
60% 60%
Online Payments
40% 40%
62% 62%
Business & Commerce
38% 38%
59% 59%
Office & Productivity
41% 41%
100% 100%
Personal Finance
0% 0%

User comments

Share your experience with using Splitit and Partial.ly. For example, how are they different and which one is better?

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Splitit 0 mentions
Partial.ly 12 mentions

Tracking Splitit since Mar 2021.

  • Connexe Toys Closing
    I am so glad I used partial.ly with them. They do seem to care and will refund my $900 if connexe will not. Big props for them. Source: over 3 years ago
  • FRAUD: Sondors not responding and no refund issued.
    I had to call Bank Of America dispute support and explain the situation to them, so they helped me to file 6 disputes, 1 for each ial.ly payment, even though the transactions were 6+ months old. Source: over 3 years ago
  • FRAUD: Sondors not responding and no refund issued.
    I paid through partial.ly and Sondors refunded me. Source: over 3 years ago

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Alternatives to Splitit and Partial.ly

When comparing Splitit and Partial.ly, you can also consider the following products.

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