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Splitit to Launch a White-Label Mastercard

1 reports1 sourcesupdated 4 days ago

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AI-assisted source synthesis · not an independent investigation.

On October 14, 2026, Digital Transactions News reported that as the buy now, pay later (BNPL) industry matures, Splitit plans to expand its product line for financial institutions by launching the white-label Splitit World Mastercard. The product will place installment payment functionality under the bank’s or credit union’s own brand. The specific launch date and partner institutions have not been disclosed in the report. The same report also stated that Zip plans to launch Zip Cash same-day cash loans, with a maximum of $500 per loan, a fixed origination fee, and user-selectable repayment dates. The loans will be issued by WebBank and are planned to launch during the 2026 holiday season. More than 100,000 users are currently on the waiting list.

AI-written from reports · updated 4 days ago

Timeline

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Oct 14
  1. Digital Transactions News
    As BNPL matures, Splitit and Zip expand their product lines

    Splitit will launch the white-label Splitit World Mastercard for financial institutions, putting installment payment functionality under the bank or credit union’s own brand; Zip plans to launch Zip Cash same-day cash loans. Zip Cash offers up to $500 per loan, charges a fixed origination fee, and lets users choose their repayment date. It will be issued by WebBank and is scheduled to launch during the 2026 holiday season, with more than 100,000 users already on the waiting list.

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