![]() The first payment is due at checkout, and the remaining three will be charged every two weeks. It allows shoppers to purchase and pay for items in four equal payments over six weeks with no additional fees. AfterpayĪfterpay is one of the leading BNPL apps with over 16 million users worldwide, offering interest-free payments. If you miss one, there is a late payment fee of $10. Sezzle gives customers a one-time free chance to reschedule a payment if they cannot make one, something Klarna doesn’t allow. Some of them will earn you reward cashback, which can be used for future purchases. ![]() Sezzle also has an online marketplace where you can shop from selected merchants. They will run a soft credit check to make sure you qualify and beware that you can hurt your credit score if you don’t make your payments on time. Sezzle has around 7.8 million users, and it’s available in more than 30,000 online and in-store ecommerce stores. You have to pay a 25% upfront fee for each purchase, but the rest can be paid every two weeks in equal installments. Sezzle is a mobile app-based BNPL payment option that allows shoppers to purchase and pay for items in four equal interest-free installments within six weeks. However, Laybuy only accepts cards issued by New Zealand banks, so this BNPL may not be available for people outside New Zealand, unlike Klarna, which is available worldwide. You can shop in-store or online retailers accepting this payment method and easily link your credit card or debit card to the app. The best part about Laybuy is that there is no interest for using this service, nor are there any hidden fees or installment charges. One sixth of the total amount is paid during checkout, and the rest is paid in five weeks. Laybuy lets you receive your purchase immediately and pay it back in six installments. Unlike Klarna, Affirm has no late payment fees. ![]() This feature helps customers pay off their purchases faster.Īdditionally, they offer a "Shop With Points" feature for customers who have accrued enough points to redeem for items in their Affirm account. Repayments can be broken down into three-, six-, or 12-month plans without interest and APR rates ranging from 0%-30% depending on the loan amount.Īffirm also offers round-up payments, allowing customers to make extra payments in small amounts on top of their installment plan. It offers an easy way to purchase items and split payments without hidden fees. AffirmĪffirm is one of the most popular buy now, pay later apps. Here are the top six apps like Klarna: 1. Plus I still have time to get a refund or exchange if I'm not happy.While Klarna is an excellent option for BNPL, several other apps offer similar services with unique features. It looks better and I feel like I didn't spend a lot with one click of a button. I know its spending the same thing if I buy a $100 and I see it broken down into $25. I feel like I have time to pay it and I'm not rushed or spend a big amount and feel like I took a hit. Plus I get the item as soon as it deliveres so that helps a lot. I felt like I was safe and I had time to pay it. Maybe that doesn't make sense but that's OK we all have different experiences with money.įor me I felt like I didn't have a big chunk taken out of my wallet bank etc. Something about seeing the total split into 4 payments makes me feel better. Or partially making the first small payment. I felt good knowing I could get something I needed or wanted with either waiting 30 days to pay it. For me I'm not super wealthy or anything and it really helped me during the pandemic while on unemployment benefits. I know for a lot of people this doesn't make sense. I know this is late but I'm really enjoying using these buy now pay later.
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