Blockonomics
Blockonomics is a decentralized Bitcoin payment solution that allows you to accept BTC payments directly into your own wallet without requiring middleman approvals or complex documentation.
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 | Blockonomics | Splitit |
|---|---|---|
| Website | blockonomics.co | splitit.com |
| Pricing Model | Freemium | Custom |
| Starting Price | Free | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✓ Has 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 | 2015 | 2012 |
| Headquarters | Bangalore, India | Atlanta, USA |
Overview
Blockonomics
Blockonomics provides a decentralized payment gateway that lets you accept Bitcoin and Bitcoin Cash directly on your website. Unlike traditional processors, it eliminates the need for a middleman by sending funds straight to your personal wallet. You can integrate it with popular platforms like WordPress, WHMCS, and PrestaShop to start taking crypto payments in minutes.
You can also use the platform to create professional crypto invoices and track your wallet balances through a clean, unified dashboard. It focuses on privacy and security, requiring no KYC (Know Your Customer) documentation to get started. This makes it an ideal choice if you want to maintain full control over your digital assets while offering customers a modern way to pay.
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
Blockonomics Features
- Direct-to-Wallet Payments Receive Bitcoin payments directly into your own software or hardware wallet without any middleman holding your funds.
- One-Click Integrations Connect your store quickly using dedicated plugins for WordPress, WooCommerce, WHMCS, Magento, and other major e-commerce platforms.
- Peer-to-Peer Invoicing Create and send professional Bitcoin invoices to your clients and get paid in your preferred cryptocurrency instantly.
- Wallet Watcher Monitor your Bitcoin balances and transaction history across multiple wallets from a single, easy-to-use dashboard.
- Privacy-Focused Setup Start accepting payments immediately without submitting sensitive KYC documents or undergoing lengthy identity verification processes.
- Automatic Refunds Manage customer disputes easily by issuing Bitcoin refunds directly from your dashboard with just a few clicks.
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
Blockonomics Pricing
- First 20 transactions free
- Direct-to-wallet API
- E-commerce plugins
- Wallet Watcher access
- Email support
- 1% fee per transaction
- Unlimited transactions
- Priority API access
- Advanced reporting
- Full plugin support
Splitit Pricing
Pros & Cons
Blockonomics
Pros
- No KYC requirements for fast setup
- Funds go directly to your wallet
- Very simple WordPress and WooCommerce integration
- Reliable customer support for technical issues
Cons
- Limited to Bitcoin and Bitcoin Cash
- Dashboard interface feels slightly dated
- Requires some technical knowledge for API
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