Splitit: UK 2026 Pricing & Fee Calculator
Splitit lets customers pay in instalments using the existing credit on their card, with no new application. Because there is no underwriting, merchant fees tend to be lower than other BNPL.
What Splitit charges
| Fee | Rate |
|---|---|
| Who pays the fee | The merchant (you), not the shopper |
| Merchant fee | Typically lower than other BNPL (about 1.5% to 3%) |
| Shopper cost | None (uses existing card limit) |
| You get paid | Up front or as instalments clear, by plan |
How the fees work
Splitit is different from typical BNPL: instead of issuing new credit, it places a hold on the customer's existing credit card and charges instalments to that card over time. There is no application or credit check for the shopper, and because Splitit is not underwriting new lending, merchant fees are generally lower than Klarna or Clearpay.
Exact pricing is agreed per merchant, so the 2.5% + 20p here is a representative estimate. It suits higher-value items where customers already have available card credit.
Check the official pricing
Fees change. Confirm the current rate at Splitit for merchants.