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Comparison Splitit vs. Synchrony Bank Payment Solutions Vendor Comparison

Splitit and Synchrony Bank are Payment Solutions vendors.

splitit.com
Splitit Installment payments using existing credit cards. They focus on Buy Now Pay Later, Lease-to-Own, & Try Before You Buy.

synchrony.com
Synchrony Bank Flexible payment options for consumers and businesses They focus on Buy Now Pay Later, Lease-to-Own, & Try Before You Buy.

Splitit or Synchrony Bank?
Explore Blurb’s unbiased comparison, created for our community and packed with details that matter for your buying decisions.

Splitit

"Installment payments using existing credit cards."
Focused on Buy Now Pay Later, Lease-to-Own, & Try Before You Buy .
Splitit allows shoppers to pay over time using their current credit card. No new loans or extra fees. Merchants get white-label installment options, increasing order values and conversion rates. It's a seamless, zero-friction experience that taps into existing payment infrastructure while keeping debt manageable for consumers.

Key Features & Benefits

End-to-end installment journey
Splitit claims that their white-label installments provide an end-to-end journey, enhancing brand consistency and customer loyalty.
Use existing credit card
Splitit claims that shoppers can use their existing credit cards without new loans, simplifying purchases and increasing ease-of-use.
Seamless global integration
Splitit claims that their solution integrates seamlessly with existing global credit card payment rails, improving the user experience.

Synchrony Bank

"Flexible payment options for consumers and businesses"
Focused on Buy Now Pay Later, Lease-to-Own, & Try Before You Buy .
Synchrony helps marketers navigate the overload of payment options with customizable financing solutions. They streamline the customer purchase process, offering various pay-over-time plans like 'Pay in 4' or monthly installments. Their credit card options and digital financial tools integrate seamlessly with retail experiences to boost sales across platforms.

Key Features & Benefits

Flexible payment options available
Synchrony claims that their flexible payment options, like Pay Later, empower customers to make purchases today and pay over time.
High-yield savings accounts offered
Synchrony Bank claims that its high-yield savings accounts provide customers with competitive rates and no monthly fees.
Extensive retail partnerships network
Synchrony claims that its wide network of retail partnerships allows customers to shop and pay at thousands of locations nationwide.
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