Authorize.net
Authorize.net is a reliable payment gateway that helps you accept credit cards, contactless payments, and e-checks through your website, mobile app, or retail store securely.
Splitit
Splitit is a white-label installment payment solution that allows you to offer interest-free monthly payments to your customers using their existing credit cards without requiring new financing applications.
Quick Comparison
| Feature | Authorize.net | Splitit |
|---|---|---|
| Website | authorize.net | splitit.com |
| Pricing Model | Subscription | Custom |
| Starting Price | $25/month | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1996 | 2012 |
| Headquarters | Foster City, USA | Atlanta, USA |
Overview
Authorize.net
Authorize.net simplifies how you get paid by providing a secure bridge between your business and the credit card networks. You can accept payments online, in-person, or over the phone while protecting your business from fraud with built-in security tools. Whether you are running a small online boutique or a growing service business, the platform handles the technical side of transactions so you can focus on your customers.
You can manage your entire payment lifecycle from a single dashboard, including recurring billing for subscriptions and digital invoicing for quick client payments. It integrates with most major shopping carts and point-of-sale systems, making it easy to add payment capabilities to the tools you already use. With 24/7 support and a long history in the industry, it provides the stability you need to scale your operations.
Splitit
Splitit provides a unique way for you to offer installment payments to your customers without the friction of traditional financing. Unlike other providers, it uses your customers' existing credit card limits to authorize the full purchase amount while only charging the monthly installment. This means your shoppers don't have to fill out new credit applications or face hidden fees, leading to higher conversion rates and larger average order values for your store.
You can integrate the platform directly into your existing checkout flow, maintaining your brand's look and feel throughout the entire process. It supports major credit card networks like Visa and Mastercard, allowing you to reach a global audience. By removing the need for third-party credit checks, you provide a smoother path to purchase that rewards your most loyal, credit-worthy customers.
Overview
Authorize.net Features
- Advanced Fraud Detection Identify and stop suspicious transactions with customizable filter rules that protect your profits and reduce chargebacks.
- Recurring Billing Set up automated subscription payments or installment plans to ensure you get paid on time every month.
- Customer Information Manager Store sensitive payment data on secure servers so your returning customers can checkout quickly without re-entering details.
- Digital Invoicing Send professional invoices directly to your customers' email and let them pay instantly with a single click.
- Virtual Terminal Process manual transactions securely from any web browser when taking orders over the phone or via mail.
- Mobile Payments Accept payments on the go by turning your smartphone or tablet into a portable point-of-sale device.
Splitit Features
- White-Label Integration. Keep your customers on your site with a checkout experience that matches your brand perfectly—no redirects to third-party sites.
- Existing Credit Utilization. Allow your shoppers to use their current credit card limits for installments so they can skip lengthy new credit applications.
- Interest-Free Payments. Attract more buyers by offering 0% interest monthly installments, making high-ticket items much more affordable for your customers.
- Global Reach. Accept payments from customers worldwide using major credit cards like Visa, Mastercard, and UnionPay through a single integration.
- No Credit Checks. Reduce cart abandonment by eliminating the need for hard or soft credit pulls that often scare away potential buyers.
- Flexible Installment Plans. Set up custom payment schedules that work for your business, ranging from 3 to 24 monthly installments for your shoppers.
Pricing Comparison
Authorize.net Pricing
- No setup fee
- Gateway and Merchant Account
- 2.9% + $0.30 per transaction
- Advanced Fraud Detection Suite
- Customer Information Manager
- Automated Recurring Billing
- Everything in All-in-One, plus:
- Use your own Merchant Account
- $0.10 per transaction
- $0.10 daily batch fee
- Virtual Terminal included
- 24/7 award-winning support
Splitit Pricing
Pros & Cons
Authorize.net
Pros
- Highly reliable uptime for consistent payment processing
- Excellent 24/7 customer support via phone and chat
- Extensive integration options with popular e-commerce platforms
- Robust security features that simplify PCI compliance
Cons
- Monthly fee applies even if you have no sales
- Interface feels dated compared to newer competitors
- Account setup process can be more rigorous than others
Splitit
Pros
- Higher conversion rates for expensive luxury items
- Seamless checkout experience keeps users on-site
- No risk of credit score damage for shoppers
- Easy integration with major e-commerce platforms
Cons
- Full purchase amount temporarily impacts credit limit
- Customer support response times can be slow
- Limited to customers who already have credit cards