Highnote, a leading modern card issuance platform, has announced a strategic partnership with Splitit, a white-label instalment payment solution that allows consumers to use existing credit cards at checkout.
This collaboration will integrate Splitit’s payment solution with digital wallets for the first time, enhancing flexibility for shoppers, according to FF News.
The partnership enables Splitit to leverage Highnote’s tokenised virtual card technology to facilitate real-time payments to merchants.
This allows consumers to seamlessly access Splitit’s embedded instalment payment options through their digital wallets, making it easier to choose pay-over-time solutions.
Unlike traditional buy now, pay later (BNPL) offerings, Splitit’s model does not require additional credit checks, as it relies on the consumer’s existing available credit.
Highnote is a FinTech firm specialising in modern card issuance and payments infrastructure. Its platform is known for its highly secure and scalable solutions, including tokenisation, virtual card capabilities, and collaborative authorisation.
Splitit, on the other hand, offers a unique white-label instalment solution that enables merchants to provide flexible payment options without requiring consumers to undergo new credit approvals.
By linking directly to a shopper’s existing credit line, Splitit allows for frictionless pay-over-time experiences within digital wallets and at merchant checkouts.
With this collaboration, Splitit will leverage Highnote’s on-demand funding and virtual card capabilities to bring an innovative, card-linked instalment solution to market. The partnership aims to simplify consumer payments and provide merchants with an enhanced checkout experience.
Nandan Sheth, CEO of Splitit, said, “After an extensive review of the available solutions, it is clear that Highnote’s platform offers the flexibility, scalability, and security we need to enhance our payment offerings. This partnership allows us to offer shoppers a seamless and efficient way to make payments over time, directly within their digital wallets or at merchant checkout, further simplifying the shopper journey.”
John MacIlwaine, CEO of Highnote, commented, “We’re thrilled to collaborate with Splitit to introduce an optimal, card-linked instalment solution for digital wallets. This partnership reflects our mission to help pioneering market leaders like Splitit by providing flexible, modern payment solutions that enhance the consumer experience and drive the future of payments.”
Keep up with all the latest FinTech news here.
Copyright © 2025 FinTech Global
Investors
The following investor(s) were tagged in this article.
