Bringing installment solutions to B2B payments will help Splitit cash in on a $21.8 trillion industry:
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. Suppliers and buyers must come to an agreement for the monthly installment plan, and Splitit claims the process is "risk-free" for suppliers. among consumers and they should appeal to businesses as well, but B2B does present new challenges. But because each B2B payment using Splitit's platform requires the buyer and supplier to come to a specific agreement, the financing option may lose some of its convenience. When consumers use point-of-sale financing options they can be served a set of already determined terms, enabling quick decisions and purchases.
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