Today it was announced that the leading software company Ableton has partnered with leading payment plan company Splitit to provide a more flexible way to pay for its programs and hardware. As part of the partnership, Splitit will collect merchant fees for each consumer transaction that passes through its solution. There are no minimum contractual volumes.
Commenting on the new partnership, Gil Don, CEO and Co-Founder of Splitit, said, “Ableton is regarded as the best music software in the industry and has a dedicated following of music creators around the world. We’re excited to offer our community of musicians a new way to shop through free interest and deposit payments. “
Splitit enables merchants to provide customers around the world with an easy way to pay for their purchases in monthly installments with instant approval, reducing cart abandonment rates and increasing revenue. Splitit’s innovative omnichannel technology can be implemented quickly, within days, making it an attractive solution for global businesses. For consumers, it does not require any credit checks, inquiries or registration, allowing for faster and more efficient transaction in store, online or through a mobile device.