Today, it has been announced that leading software company Ableton has partnered with leading payment plan company Splitit to offer a more flexible way to pay for its programs and hardware. Under the partnership, Splitit will earn merchant fees for each consumer transaction that passes through its solution. There are no contractual minimum volumes.
Commenting on the new partnership, Gil Don, Splitit’s CEO and Co-Founder said, “Ableton is considered the best music software in the industry and has a dedicated following of music makers across the world. We are excited to be offering its community of musicians a new way to make their purchases via interest and fee-free installment payments.”
Splitit enables merchants to provide customers around the world an easy way to pay for purchases in monthly installments with instant approval, thereby decreasing cart abandonment rates and increasing revenue. Splitit’s innovative omnichannel technology can be implemented swiftly, within days, making it an appealing solution for global businesses. For consumers, it requires no credit check, application, or registration, resulting in a faster, more efficient transaction in-store, online, or via a mobile device.