PayItSimple USA Inc., which enables installment payments for merchants and consumers, has integrated with online payment processor Stripe.

Merchants that use Stripe can add PayItSimple to their checkout process to offer its consumer financing services, PayItSimple said in a Feb. 11 press release.

PayItSimple USA Inc., a unit of Israeli company PayItSimple Ltd., allows merchants to offer interest-free monthly installment payments at the point of sale. Consumers can select to pay through PayItSimple, after which point the company takes over completion of the payment while using the shopper's credit card. PayItSimple is available to all MasterCard and Visa credit card holders.

Stripe provides a payment platform for e-commerce developers.

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