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PayItSimple Launches Revolutionary Payment Solution in the United Kingdom
Following successful launch in the US, service enables instant interest-free installments on existing credit cards, with no credit application or service registration
NEW YORK, July 14, 2015 /PRNewswire/ --
PayItSimple USA Inc [https://www.payitsimple.com ], a service that lets consumers
simply and easily charge any purchase on their existing general purpose credit cards and
pay it back in monthly, interest free installments, today announced their official launch
in the United Kingdom.
In the UK, credit cards are one of the preeminent forms of payment for both brick &
mortar and online goods and services. Â Credit cards offer convenience and security to
consumers while providing merchants with payment warranty once the transaction is
approved. It is estimated that in the UK alone, there are over 61 million credit cards
being accepted by over 1 million merchants.
"We are very optimistic based on the take up of PayItSimple in the US," said Alon Feit,
CEO and Co-Founder of PayItSimple. "We opted to accelerate our launch in the UK based on
growing inquiries and demand for the service." Â
PayItSimple supports an omnichannel shopping experience and is available for ecommerce,
brick and mortar, mobile wallet and all other payment platforms. The merchant benefits of
offering PayItSimple include increased conversion rates, higher average ticket size, lower
barriers to purchase and less dependency on sales or promotions, without any additional
merchant risk than a regular credit card transaction. With easy access to interest-free
installment payments, consumers now have a smarter way to buy the products and services
they need and want, without the need to pay high interest rates, qualify for a new credit
line, face long layaway delays or go through a lengthy credit application processes;
PayItSimple provides consumers with greater financial freedom and empowers them to better
manage their expenses.
About PayItSimple:
PayItSimple enables both ecommerce and brick & mortar merchants to offer interest-free
monthly installment payments to their customers at the point of sale. Customers do not
have to apply for a new credit line or qualify for a new credit card. PayItSimple works on
their existing credit cards so customers also enjoy all of their regular credit card
benefits such as points, cash-back and mileage. For merchants, having this additional
payment option could mean increased conversion rates, higher average tickets, increased
customer satisfaction and reduced barriers to purchase. ISOs and agents enjoy improved
merchant acquisition and retention, increased credit card volume and increased revenue via
a share of PayItSimple fees. To learn more, please visit http://www.payitsimple.com
Â
Contact:Â
Stacy FassbergÂ
Stacyf@payitsimple.comÂ
Office: +1-914-294-3507Â
Mobile: +972-544-234-976Â
Â
PayItSimple USA INC.
PayItSimple Launches Revolutionary Payment Solution in the United Kingdom
Following successful launch in the US, service enables instant interest-free installments on existing credit cards, with no credit application or service registration
NEW YORK, July 14, 2015 /PRNewswire/ --
PayItSimple USA Inc [https://www.payitsimple.com ], a service that lets consumers
simply and easily charge any purchase on their existing general purpose credit cards and
pay it back in monthly, interest free installments, today announced their official launch
in the United Kingdom.
In the UK, credit cards are one of the preeminent forms of payment for both brick &
mortar and online goods and services. Â Credit cards offer convenience and security to
consumers while providing merchants with payment warranty once the transaction is
approved. It is estimated that in the UK alone, there are over 61 million credit cards
being accepted by over 1 million merchants.
"We are very optimistic based on the take up of PayItSimple in the US," said Alon Feit,
CEO and Co-Founder of PayItSimple. "We opted to accelerate our launch in the UK based on
growing inquiries and demand for the service." Â
PayItSimple supports an omnichannel shopping experience and is available for ecommerce,
brick and mortar, mobile wallet and all other payment platforms. The merchant benefits of
offering PayItSimple include increased conversion rates, higher average ticket size, lower
barriers to purchase and less dependency on sales or promotions, without any additional
merchant risk than a regular credit card transaction. With easy access to interest-free
installment payments, consumers now have a smarter way to buy the products and services
they need and want, without the need to pay high interest rates, qualify for a new credit
line, face long layaway delays or go through a lengthy credit application processes;
PayItSimple provides consumers with greater financial freedom and empowers them to better
manage their expenses.
About PayItSimple:
PayItSimple enables both ecommerce and brick & mortar merchants to offer interest-free
monthly installment payments to their customers at the point of sale. Customers do not
have to apply for a new credit line or qualify for a new credit card. PayItSimple works on
their existing credit cards so customers also enjoy all of their regular credit card
benefits such as points, cash-back and mileage. For merchants, having this additional
payment option could mean increased conversion rates, higher average tickets, increased
customer satisfaction and reduced barriers to purchase. ISOs and agents enjoy improved
merchant acquisition and retention, increased credit card volume and increased revenue via
a share of PayItSimple fees. To learn more, please visit http://www.payitsimple.com
Â
Contact:Â
Stacy FassbergÂ
Stacyf@payitsimple.comÂ
Office: +1-914-294-3507Â
Mobile: +972-544-234-976Â
Â
PayItSimple USA INC.