Sunbit
Installment payment and buy now pay later (BNPL) software
Payment software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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Pay-as-you-go
Free Trial unavailableFree version unavailable
Small
Medium
Large
- Healthcare and life sciences
- Retail and wholesale
- Professional services (engineering, legal, consulting, etc.)
What is Sunbit
Sunbit is an installment payment and buy now pay later (BNPL) platform that enables merchants to offer consumer financing at the point of sale. It is used by service-based and in-person businesses to present payment plans during checkout and to manage application, approval, and repayment workflows. The product typically includes merchant tools for offering financing, consumer application flows, and integrations for transaction processing and reporting.
End-to-end BNPL workflow
The platform covers key steps from application and decisioning through installment repayment. Merchants can offer financing without building their own credit, servicing, and collections processes. This reduces the need to stitch together multiple vendors for underwriting, payment collection, and customer communications.
Point-of-sale financing focus
Sunbit is designed for point-of-sale financing, which fits in-person and service transactions where customers need payment plans at checkout. It supports merchant-assisted flows that can be used by staff in-store or in a service bay. This can be operationally simpler than adapting a general online checkout BNPL flow to offline environments.
Merchant enablement and reporting
Sunbit provides merchant-facing tools to manage financing offers, track funded transactions, and reconcile payments. These capabilities help finance and operations teams monitor program performance and handle customer questions. Compared with basic payment acceptance tools, the BNPL-specific reporting and workflows are more aligned to installment programs.
Not a general payments stack
Sunbit’s core value is installment financing rather than broad payment acceptance across many methods and geographies. Businesses needing extensive payment method coverage, global acquiring, or complex payout orchestration may still require separate payment software. This can increase vendor count and integration effort.
Eligibility and underwriting constraints
As with most BNPL/financing products, approvals depend on underwriting and consumer eligibility, which can vary by customer profile and transaction type. Merchants may see declined applications that reduce conversion for some segments. Financing terms and availability can also be constrained by regulatory and risk policies.
Integration varies by vertical
Integration depth can depend on the merchant’s POS, CRM, or vertical software ecosystem. Some businesses may need custom integration work or operational changes to embed financing smoothly into existing checkout and accounting processes. This can lengthen deployment timelines compared with plug-and-play payment links.
Plan & Pricing
Pricing model: Pay-as-you-go (merchant-discount / per-transaction fees) Free tier/trial: No permanently free merchant tier or time-limited merchant trial publicly posted on the vendor site (see notes). Example costs / public consumer financing terms (from Sunbit official site):
- Loan amounts: $50 – $20,000 (site notes may show narrower ranges per industry/merchant).
- Loan terms: 3 to 72 months (merchant/industry pages commonly reference 3, 6, and 12 month options; rates page lists up to 72 months).
- APR (consumer-facing): 0% – 35.99% APR (state-specific caps and variations apply; some industry pages show 9.99%–35.99% or 0%–29.99% depending on vertical).
- Merchant-billing model (officially described): Sunbit charges merchants a transaction fee and, in some industries/programs, a monthly technology fee; specific merchant fee percentages/amounts are not published on the official site and require contacting Sunbit sales. Discount / negotiation options (official site guidance): Custom/commercial pricing and industry-specific programs are negotiated with Sunbit (contact sales). Notes & examples from Sunbit official site: public examples and program details (e.g., eyewear, retail, powersports) illustrate purchase minimums and APR caps which vary by vertical and state; merchant fee amounts are not shown publicly.
Seller details
Sunbit, Inc.
Los Angeles, CA, USA
2016
Private
https://sunbit.com
https://x.com/sunbit
https://www.linkedin.com/company/sunbit/
