Payments companies are adding a range of offerings once dominated by card networks, including improved checkout experiences and data analytics.
Splitit is constructing an orchestration layer to allow customers to pay for purchases over time using cards, expanding services through connections to merchants, processors, and issuers.
The company is implementing near-term initiatives to involve processors in transactions, enable issuers to make direct offers to consumers, and enhance fraud-fighting capabilities using artificial intelligence.
Splitit is also adding digital wallets like Google Pay, Apple Pay, and Samsung Pay to their checkout process, aiming to provide a seamless experience for consumers and merchants.