If you’re reading about SplitX, congratulations! You’re probably using one of the buy now pay later (BNPL) instalment services that Split offers. Don’t worry if you’re not too sure what’s the difference between Split and SplitX, we’ll explain everything to you. It’ll be short and sweet, you probably have other things to do 😜
Quick recap: Split is a Malaysia and Singapore-based fintech company that offers customers and merchants a Buy Now Pay Later service so that customers can shop and pay in up to 3x interest-free monthly instalments without even needing a credit card. Merchants are charged a nominal success fee for every order processed by Split.
We recently announced that Split instalments are certified Shariah Compliant. For more information about the certification and to hear directly from our co-founder Dylan, click here!
It’s our sub-brand! We created SplitX to offer the same Buy Now Pay Later service to merchants whose goods and services are not Shariah Compliant.
Good news for customers: nothing changes about our instalments with SplitX. When you choose to pay with SplitX, you are still able to pay in up to 3x interest-free monthly instalments, with no hidden fees ever.
It’s important for brands to use and promote the right instalment service - SplitX or Split. If you are selling goods that are not Shariah Compliant, you should be offering SplitX instalments for your customers.
Split seeks the cooperation of all our partner stores so that we can offer every customer a flexible payment method that works with their religious beliefs.
Not sure if your business is compliant with Shariah principles? You can check out the guidelines below OR contact our Split team directly to enquire. We’re always happy to help.
To summarise,
Customers - nothing changes for you! Whether you’re using Split or SplitX, rest assured that Split will never EVER charge you late fees.
Partner stores - depending on what your brand sells, you may need to offer SplitX instalments. To find out what qualifies as non-Shariah compliant, check out our helpful guidelines above^
If you’re reading about SplitX, congratulations! You’re probably using one of the buy now pay later (BNPL) instalment services that Split offers. Don’t worry if you’re not too sure what’s the difference between Split and SplitX, we’ll explain everything to you. It’ll be short and sweet, you probably have other things to do 😜
Quick recap: Split is a Malaysia and Singapore-based fintech company that offers customers and merchants a Buy Now Pay Later service so that customers can shop and pay in up to 3x interest-free monthly instalments without even needing a credit card. Merchants are charged a nominal success fee for every order processed by Split.
We recently announced that Split instalments are certified Shariah Compliant. For more information about the certification and to hear directly from our co-founder Dylan, click here!
It’s our sub-brand! We created SplitX to offer the same Buy Now Pay Later service to merchants whose goods and services are not Shariah Compliant.
Good news for customers: nothing changes about our instalments with SplitX. When you choose to pay with SplitX, you are still able to pay in up to 3x interest-free monthly instalments, with no hidden fees ever.
It’s important for brands to use and promote the right instalment service - SplitX or Split. If you are selling goods that are not Shariah Compliant, you should be offering SplitX instalments for your customers.
Split seeks the cooperation of all our partner stores so that we can offer every customer a flexible payment method that works with their religious beliefs.
Not sure if your business is compliant with Shariah principles? You can check out the guidelines below OR contact our Split team directly to enquire. We’re always happy to help.
To summarise,
Customers - nothing changes for you! Whether you’re using Split or SplitX, rest assured that Split will never EVER charge you late fees.
Partner stores - depending on what your brand sells, you may need to offer SplitX instalments. To find out what qualifies as non-Shariah compliant, check out our helpful guidelines above^