Splitit, which offers instalments-as-a-service, has partnered with Telispire.
In Brief:
Telispire is a US business, part of the National Rural Telecommunications Cooperative.
Splitit’s instalments service will be integrated into Telispire’s back office.
This means subscribers can be offered the option to pay by instalments easily through the platform.
What does this mean?
This is an example of more and more industries adopting FinTech through an “as a service” model, as well as wishing to offer flexibility in the form of instalment payments to their customers. Splitit offers a white label solution which works across companies and industries.