With Canyon being the leading direct-to-consumer bicycle brand, their products have long had a premium price tag and financing options soon became a popular request. Canyon decided to partner with Splitit because their solution was a global one that offered seamless integration and worked across all platforms. Within the first four weeks of their partnership, Canyon tested Splitit in 6 countries and saw 1500 transactions, with 21% of shoppers chosing to pay with Splitit and a 13% increase in average order values (AOV). Now they’ve expanded Splitit into another 18 countries, with plans to enter the U.S. soon.
"The Splitit Team has been taking good care of us. It’s been a great partnership and we are all really happy with the results from both sides!”
Christian Steyer, Team Manager Business Development, Canyon Bicycles