In a revolutionary move, DXC (NYSE: DXC), a Fortune 500 tech services firm, teamed up with Splitit, an instalment payment solution provider. This alliance empowers banks to propose instalment plans at checkout and post-purchase. Thanks to Splitit’s unique AI engine, it can craft personalized offers for each consumer.
Leveraging DXC‘s tech expertise, this collaboration enhances banks’ competitiveness. Instalment plans provide consumers with greater flexibility, aiding efficient financial management. This service is accessible at checkout and post-purchase, thus improving the purchasing experience.
Personalized Offers via AI Technology
The real breakthrough is Splitit’s AI engine. This advanced technology customizes each offer to meet individual consumer needs, creating a unique transaction experience. The AI engine evaluates factors like past spending behaviour to design a personalized instalment plan. This degree of personalization, a banking industry first, is poised to appeal to consumers seeking a more tailored banking experience.
The partnership between DXC and Splitit epitomizes the increasing integration of technology in banking. Combining DXC’s tech prowess with Splitit’s innovative payment solution, this alliance promises a transformative service that could reshape consumer-bank interactions.
This advancement not only boosts banks’ competitiveness but also improves the consumer experience. Offering personalized instalment plans allows banks to cater to customers’ evolving needs in a fast-paced financial environment.
