With some of the pressure possibly coming off ATP, SPT and other payment processors might get a bit of an association bump. SPT is up 5% today and looks like it has quite a bit of upside if it can rally. Could be worth a watch especially with the gifting season right upon us.
Splitit Ltd is an Israel-based company that offers payment solutions. It offers Splitit, a payment method solution enabling customers to pay for purchases with an existing debit or credit card by splitting the cost into interest-free monthly payments, without the need for additional registrations or applications. Splitit enables online retailers to offer their customers a way to pay for purchases in installments with instant approval, decreasing cart abandonment rates. The Company serves approximately 800 merchants in more than 20 countries.