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Splitit VS Partial.ly

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

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  3. » Reviews
  4. » Alternatives

Splitit logo 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…

Partial.ly logo 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.
  • Splitit Landing page
    Landing page //
    2023-09-24
  • Partial.ly Landing page
    Landing page //
    2023-10-07

Splitit features and specs

  • 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 of Splitit

  • 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.

Partial.ly features and specs

  • 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 of Partial.ly

  • 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.

Splitit videos

+ Add

SPLITIT GOES GLOBAL WITH MASTERCARD DEAL 💳

More videos:

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

Partial.ly videos

+ Add

Partial.ly - Payment Plans | How It Works

Category Popularity

0-100% (relative to Splitit and Partial.ly)

Splitit

Partial.ly

Business & Commerce
61 61%
Business & Commerce
39% 39
Online Payments
59 59%
Online Payments
41% 41
Office & Productivity
61 61%
Office & Productivity
39% 39
Buy Now Pay Later
58 58%
Buy Now Pay Later
42% 42

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

Based on our record, Partial.ly seems to be more popular. It has been mentiond 12 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Splitit mentions (0)

We have not tracked any mentions of Splitit yet. Tracking of Splitit recommendations started around Mar 2021.

Partial.ly mentions (12)

  • 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: almost 2 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: almost 2 years ago
  • FRAUD: Sondors not responding and no refund issued.
    I paid through partial.ly and Sondors refunded me. Source: almost 2 years ago
  • Requested refund on April 13
    Had to call the bank to file disputes for transactions that are older than 60 days old. As I used a payment plan via partial.ly, I also had to make 6 disputes over the phone (1 for each transaction), that was not an issue, as the nice lady did everything for me once collected the details regarding the situation. Source: about 2 years ago
  • ModuCase DF30 with 1/6 scale pictures?
    If you have a set space that you want dedicated to displays, I would email moducase directly for them to build you something. It's not any more expensive and they will work with you to get the perfect display. The offer partial.ly payments to break up the cost. Source: over 2 years ago
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What are some alternatives?

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

Sezzle - Sezzle is a digital payment platform designed to help shoppers manage their financial futures with great ease.

PayPal Credit - PayPal Credit provides financing options to businesses.

Klarna - Klarna provides e-commerce payment solutions for merchants and shoppers.

Affirm - Pay at your own pace. When you buy with Affirm, you always know exactly what you’ll owe and when you’ll be done paying.

Kiva - Loans that change lives -- amazing microfinance web-platform

FuturePay - Attract new customers, increase repeat customers, and grow your business with FuturePay. Give your customers the freedom to buy now and pay later.

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