4/7/20 canyon.com
Canyon // News & Stories

Pay in monthly instalments with Canyon and Splitit – ride now, pay later

4/7/20 canyon.com

Now, using Splitit, you can pay for your Canyon bike in convenient monthly instalments. And there’s no extra charges – you don’t need to pay a single penny more. 0% interest. No fees. Getting your dream Canyon bike has never been so affordable.

Pay in monthly instalments with Canyon and Splitit – ride now, pay later Canyon X Splitit

What is Splitit?

Splitit is a global payment solution that lets you make payments using your own credit card (Visa or Mastercard) and split the cost into multiple interest-free monthly payments. With terms of up to 6 months, Splitit lets you pay for your dream bike with convenient monthly installments – without paying a penny more.

Paying through Splitit has multiple advantages for you:

- No credit checks.
- Always 0% interest. No hidden fees.
- No minimum order value.
- 2-6 equal monthly payments.

How does buying with Splitit work?

You can buy all products available on canyon.com with Splitit – no matter whether you’re buying a mountain bike, road bike, e-bike, clothing, or accessories.

To buy through Splitit, simply select the ‘Interest-free instalments’ payment method at checkout. You will then be taken to the application form, where we will check if your credit card covers the required limit for the purchase amount.

If your application is successful and the items you ordered are available, Canyon will confirm your order and send you a confirmation email with all further information. If your bike isn’t in stock you will receive a payment link about 14 days before shipping. If your request is not successful, you will have to choose an alternative payment method for your order.

If you have questions or problems with your application, please contact our Global Service Centre.

How does the monthly payment process work?

Splitit requests the approval of your card company and reserves the full amount on your credit card – but the first instalment will not be charged until delivery is complete. After that, the instalment amount will be charged every month according to your payment plan.

With each monthly payment, the reserved amount on your card is reduced until the purchase is paid in full. The instalments appear on your bank statement as individual payments. Your order will be processed and delivered as usual.

What conditions do I have to meet to buy with Splitit?

To be eligible, you must have a Visa or Mastercard credit card and the total purchase amount must be available on your card.

You don’t need to register or login to use Splitit. You also don’t need to meet a minimum order value either.

When do I start paying the instalments?

There is no fixed date. Normally, repayments start about 2-4 weeks after your order has been shipped.

What happens if I want to return an item bought with Splitit?

We treat returns for Splitit orders the same way as any other order. Simply notify us via our online contact form and we will process your return as quickly as possible. All payments you have made will be automatically refunded.

What happens if my order isn’t in stock?

If your items are not available when you order, your order will still be accepted and processed in our system. You will receive a payment link with all further information about 14 days before the planned delivery date.

Where can I find out which bikes and products I can buy with Splitit?

You can pay with Splitit for all items listed on canyon.com

How fast do I get my bike and accessories when I buy with Splitit?

If your payment is accepted, you will receive your ordered items as quickly as with any other payment method.



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