Brad Paterson

Brad Paterson has taken on the role of managing director to lead the operation after two decades in payments in companies including Intuit, PayPal and Visa.

Splitit is a payment method solution that enables customers to pay for purchases with an existing card by splitting the cost into interest and fee-free monthly payments.

In his role at Intuit, Mr Paterson was responsible for the US QuickBooks Online revenue and was in charge of business and marketing operations.

“Splitit offers a unique and innovative solution that not only acts as a risk- and debt-free payment option but compliments other available offerings. I’m thrilled to be leading Splitit’s growth and development in a market with such high potential, providing a service that merchants and consumers benefit from equally,” said Mr Paterson.

Splitit chief executive and co-founder Gil Don said he was excited to welcome Mr Paterson and looked forward to the growth into America.

“We have great plans for North American retailers and consumers, and we believe that there is no one better for the role. His illustrious career at leading payment companies will help propel Splitit to new heights as we expand in this critical region,” he said.