Splitit Payments has announced that it has partnered with THG plc to offer its interest and fee-free monthly payment solution through THG Ingenuity.
Splitit will provide THG’s global customers with the option to pay for purchases using their own credit with no additional fees. Splitit allows consumers to pay in instalments using the credit they already have.
THG Ingenuity is a proprietary, end-to-end technology and operating platform that has enabled the group to build and scale its own D2C brands including Myprotein, Lookfantastic, and RY.com.au. THG Ingenuity is partnered with retailers across the globe, including Elemis, Lulu Guinness, and BWX.
“THG is synonymous with some of the most prestigious brands in the beauty, wellness and luxury industries. This partnership shows how the most forward-thinking e-commerce retailers across the globe are looking for unique and innovative ways to empower and build loyalty with their customers. We look forward to working with THG to help their consumers spend the credit they’ve earned on their own terms,” said Brad Paterson, Splitit CEO.
John Gallemore, CEO of THG Ingenuity, said: “The agreement with Splitit will add further payment capabilities to our proprietary, end-to-end technology and operating platform THG Ingenuity, and provides our customers with even more payment opportunities to suit their needs.”
