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.
UPay
UPay is a comprehensive digital payment and financial services platform providing multi-currency crypto cards, global money transfers, and integrated payment solutions to simplify your personal and business transactions.
Quick Comparison
| Feature | Splitit | UPay |
|---|---|---|
| Website | splitit.com | upay.com |
| Pricing Model | Custom | Freemium |
| Starting Price | Custom Pricing | Free |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✓ Has free plan |
| Product Demo | ✓ Request demo here | ✘ No product demo |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2012 | 2022 |
| Headquarters | Atlanta, USA | Dubai, UAE |
Overview
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.
UPay
UPay is a versatile financial platform designed to bridge the gap between traditional fiat currency and digital assets. You can manage your finances through a unified interface that supports multi-currency accounts, allowing you to hold, convert, and spend both crypto and fiat seamlessly. The platform is particularly useful if you travel frequently or operate internationally, as it provides virtual and physical Visa or Mastercard options that work globally.
Beyond simple spending, you can use the platform to facilitate cross-border transfers with lower fees than traditional banks. It serves a diverse audience ranging from individual crypto enthusiasts to businesses needing efficient payout methods. By integrating your digital assets directly into a spending card, you eliminate the friction of moving funds between exchanges and bank accounts, giving you instant liquidity for your digital portfolio.
Overview
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.
UPay Features
- Multi-Currency Cards. Spend your crypto or fiat anywhere Visa and Mastercard are accepted using virtual or physical cards linked to your wallet.
- Instant Crypto Conversion. Convert your digital assets into spendable fiat currency instantly so you can pay for everyday goods and services.
- Global Money Transfers. Send funds to friends, family, or business partners across borders quickly with competitive exchange rates and transparent fees.
- Real-Time Transaction Tracking. Monitor your spending habits and account activity with instant push notifications and a detailed digital transaction history.
- Secure Digital Wallet. Store your digital assets in a secure environment protected by multi-factor authentication and advanced encryption protocols.
- In-App Currency Exchange. Swap between different cryptocurrencies or fiat denominations directly within the app to take advantage of market movements.
Pricing Comparison
Splitit Pricing
UPay Pricing
- Free app download
- Digital wallet access
- Real-time price alerts
- In-app support
- Basic transaction history
- Everything in Standard, plus:
- Virtual card issuance fee
- Low monthly maintenance fee
- Crypto-to-fiat conversion
- Global online shopping access
- ATM withdrawal capabilities
Pros & Cons
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
UPay
Pros
- Fast card issuance for immediate online spending
- Supports a wide variety of popular cryptocurrencies
- User-friendly mobile interface for easy navigation
- Competitive exchange rates for cross-border transfers
Cons
- Customer support response times can be slow
- Verification process sometimes requires multiple attempts
- Fees for card maintenance can add up