The Payments Show Podcast

EP. 029 – Split Payments with Existing Credit Cards – Brad Paterson, Splitit

November 24, 2020 Satwant Phull Episode 29
The Payments Show Podcast
EP. 029 – Split Payments with Existing Credit Cards – Brad Paterson, Splitit
Show Notes Chapter Markers

In this episode of The Payments Show Podcast, I spoke to Brad Paterson who is the CEO of Splitit.

Splitit enables e-commerce merchants to offer interest free monthly instalment payments to their customers using a customer's existing credit cards.

Click through the Chapters Menu at the top of the episode webpage here: http://thepayments.show

Summary of topics discussed:
1. Customers Can Use Existing Credit: No New Debt
2. Customers Choose Instalments That Suit Them
3. Higher Average Order Value
4. Increase Conversions by 20% - 30%
5. Sell High Ticket Items Faster: Home, Fitness, Luxury
6. No Risk to Merchants and Retailers
7. Set Up and Start Selling in Hours
8. Multiple Pricing Plans for Merchants
9. Merchants using Splitit in over 35 Countries
10. The Future: Services, Contextual and Personalized Shopping Experiences

6m Highlights Version: click here

Details:
- Recorded on 05 Nov 2020
- Host: Satwant Phull, Founder of Digital Money Lab
- Guest: Brad Paterson, CEO at Splitit

[Next Steps]
- Get in touch with Satwant: digitalmoneylab.com
- Splitit: w: splitit.com  |  t: @splitit

[Support the Show]

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Support the show (https://www.buymeacoffee.com/satwant)
Introduction
Start
The Founding Story
Business Model and Increasing Conversions
Responsible Spending vs New Consumer Debt
Differentiation in the BNPL Market
Results and Case Studies
BNPL Comparisons to Other Markets
Getting Started with Splitit
Current Markets
Current and Future Trends
Shipageddon!
Contextual Shopping
Splitit for Large Enterprises
Fees and Pricing
Complementary, Not Yet Another BNPL Solution
Chit Chat