What to expect after making payment with Splitit

If you just bought an ASIC with Simple Mining using Splitit, here is what you can expect to come next: 

Confirmation email: 

• After your purchase of a machine, Splitit will send you a confirmation email that the transaction went through along with the details of your payment plan. 
• You will see your total amount authorized, monthly payment schedule, and total number of months you will be paying for. 

Your first installment is charged right away: 

• Your first monthly payment is charged immediately. After that your card is charged on the same date monthly until the balance is paid off. It is hands off from here, no action needed. 

Hold placed on your card: 

• When you purchase a machine(s) with Simple Mining, the full initial purchase amount will be placed as a hold on your card. 
• This is to ensure you can make payments on the full initial purchase amount. 
• As each installment is paid, the hold decreases gradually. 

You can manage everything in the Splitit portal: 

• Like Simple Mining’s internal dashboard, you can manage your Splitit purchase within their customer portal.