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Comparison Splitit vs. FlexFactor Payment Solutions Vendor Comparison

Splitit and FlexFactor 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.

flexfactor.io
FlexFactor Turns declined payments into successful transactions seamlessly. They focus on Payment Optimization & Revenue Recovery.

Splitit or FlexFactor?
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.

FlexFactor

"Turns declined payments into successful transactions seamlessly."
Focused on Payment Optimization & Revenue Recovery .
FlexFactor identifies and rectifies declined transactions, allowing marketers to recover lost revenue. It utilizes machine learning to analyze transaction failures and proactively address issues in real-time. FlexFactor integrates with existing systems smoothly, turning what would be lost sales into successful completions without the typical friction.

Key Features & Benefits

Unmatched approval rates
FlexFactor claims that they deliver unmatched approval rates with real-time decisioning to complete customer orders successfully.
Frictionless user experience
FlexFactor claims that they provide a seamless customer experience with no prompts or re-entering of payment details required.
Highest recovery rate
FlexFactor claims that their AcceptIQ platform sets a new industry standard with a 30% recovery rate on declined transactions.
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