super.money launches splitStore, bringing zero-interest instalment shopping to its app
Flipkart-backed super.money has entered commerce with splitStore, an embedded marketplace offering zero-interest instalments across more than 60 lakh products. The service uses Flipkart logistics, is live for select users and is being readied for a wider rollout.
What happened
Bengaluru-based super.money launched splitStore, an embedded-credit marketplace offering zero-interest instalments across 60 lakh-plus products. The platform
Key facts
- More than 60 lakh products
- Zero-interest instalments
- Fifth-largest UPI app by transaction volume as of June
Why this matters
For corporate-development teams, splitStore highlights the strategic value of pairing fintech distribution with an established marketplace and logistics backbone rather than building commerce infrastructure from scratch.
What to watch
- Public rollout timing, user eligibility criteria and the size of initial credit limits.
- Whether zero-interest instalments are funded by super.money, merchants, Flipkart, lending partners or a combination.
- GMV, repeat-purchase rates, average order value and instalment penetration versus standard UPI checkout.
- Delinquency, approval rates, return rates and fraud controls as the user base expands.
- Evidence of cannibalization versus incremental demand for Flipkart marketplace orders.
- Addition of lending partners, NBFC disclosures, credit-bureau reporting or changes in KYC requirements.
- Merchant assortment depth, exclusive pricing and whether the 60 lakh-product catalog remains broadly available.
- Regulatory scrutiny of embedded credit, digital lending disclosures and UPI-linked consumer-finance journeys.
- Expand splitStore from select users to super.money's broader UPI base, likely with category-led promotions around electronics, fashion, appliances and everyday essentials.
- Use pre-approved instalment limits and personalized product feeds based on UPI behavior, repayment history and Flipkart purchase signals.
- Add merchant-funded EMI offers, brand financing campaigns and exclusive SKU pricing to reduce the cost of zero-interest credit.
- Tighten underwriting through transaction-level risk scoring, smaller initial limits and staged credit-line expansion.
- Bundle commerce rewards with UPI usage, such as cashback boosts, loyalty tiers or payment-linked shopping coupons.
- Explore checkout distribution beyond the app, including payment-page offers, QR-led merchant discovery and Flipkart ecosystem cross-promotion.
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