1stMILE, Splitit Launch Card-Linked Installments for Auto Repairs

As autonomous AI agents begin searching, comparing products and making purchases for consumers, machine-compatible payments are emerging as a critical piece of agentic commerce. Splitit Chief Executive Nandan Sheth said conventional buy now, pay later, or BNPL, can become a bottleneck because its application and identity-verification steps often require direct human involvement, increasing the risk that an automated checkout will fail.

Sheth said card-linked installment payments could address that problem by using a shopper’s existing credit card and available credit instead of requiring a separate loan application during checkout. The approach could help merchants prepare payment systems for purchases initiated by AI agents and reduce lost sales from failed transactions. The report did not disclose a rollout date, transaction value, financial forecast or new commercial partnership tied to the technology.

Splitit is a payments technology company that offers installments against customers' existing credit card limits. Unlike traditional BNPL products that require a separate loan application, it does not require consumers to open a new account or undergo another credit check. Splitit Go targets more than $4.6 trillion in annual U.S. spending on services, extending installment payments beyond e-commerce checkout pages to stores, home services and face-to-face consultations.

Splitit USA, Inc. launched Splitit Go on March 23, 2026. Merchants can create installment plans on a mobile device and deliver payment links by QR code, text message or email. Customers pay directly with the available credit on their existing cards without being redirected to a third-party platform. Splitit says its approval rate exceeds 85% and that merchants using its service can increase their average order value by 23%.