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Klarna Alternatives: Sites and Apps Like Klarna in 2021

Instead of spending hours searching the hundreds of different Klarna alternatives out there, we have selected other apps like Klarna for you. In this roundup, we look at the most popular websites like Karna. 

With the advent of flexible installment plans, consumers have become more comfortable paying for goods over time, attracting millions of customers around the world.

It is becoming increasingly popular for consumers to pay for their purchases over time with no interest by using “buy now, pay later” platforms. The two most popular programs for purchasing now and paying later are Klarna and Afterpay. Both of these short-term financing platforms are accepted by many well-known websites and brands.

About Klarna

Klarna is a financial service company that is without question an outstanding one. The reason why Klarna is so popular is that it provides a good service. When making retail purchases from Klarna’s partners, customers have three options. Buy and pay after 30 days. Buy now and pay in three installments and buy now and spread the cost for up to four years.

After receiving approval for your Klarna application, you will be able to make purchases and pay over time with no interest. If you pay on time, you will not have to pay more than the original purchase price. There is no doubt that Klarna is a top-rated financial services provider.

However, that does not mean there is no other payment platform that can compete with Klarna. There are also some other purchase and pay later platforms similar to Klarna that are fierce competitors to Klarna.

17 Top Apps Like Klarna for “Buy Now Pay Later” Shopping

No matter why you are in search of Klarna alternatives, you will find them here. There are many buy now pay later sites like Klarna, but you should make sure that you choose only those that have good reviews and a proven track record of providing a good service,

Afterpay

AfterPay

In Afterpay, you make four biweekly payments out of your total purchase amount. Afterpay helps you to pay in installments, so you can purchase from a store or online after paying only 25% of the total purchase price.

With timely repayments, smart shoppers can enjoy interest-free shopping regardless of the fees. If you pay for the installments on time, you won’t be charged an extra fee.

For those who are unfamiliar, Afterpay is a platform that allows customers to purchase now and then pay later. Due to the millennials’ instant gratification mentality and spending habits, this service primarily targets them. The Afterpay service allows its more than 2 million clients to purchase what they desire now, and worry about the payment later.

A substantial part of Afterpay’s marketing strategy includes showing potential customers that they can buy things in installments without paying interest, thus making customers believe that Afterpay is better than credit cards.

You can easily set up an Afterpay account in just a few minutes. Afterpay has prided itself on its free service, which only charges the price for your purchase and the $10 late payment charge, a much lower rate than a credit card that charges interest rates of 20% or more.

Quadpay

QuadPay

Quadpay joins the ranks of prominent payments platforms such as Klarna and Afterpay operating in this area. At any retailer that accepts Visa, you can buy anything in four interest-free installments every two weeks. Both online and in-store purchases are possible with the option.

Quadpay does not require a minimum purchase amount, instead, their automated system sets maximum spending limits based on a variety of factors and merchants’ willingness to accept.

When you make a purchase through QuadPay, you need a minimum of 25% of the total purchase price available on your account.

Just like AfterPay, there will be no effect on your credit score from Quadpay through their credit check since they are not reported to the major credit bureaus. However, if you don’t pay your installments on time, it may negatively affect your score.

The credit approval process for Quadpay does not include a minimum credit score. All you need to do is just register on the platform and see if you’re approved. There are no additional fees associated with Quadpay’s installment plans since they don’t charge interest. But, there is a convenience fee of $1 on all installment payments. Moreover, Quadpay charges a late payment fee as determined by the state you live in. The amount of late fees varies from $5 to $10 depending on the state.

Sezzle

sezzleSezzle is another app similar to Klarna. A fintech company allows consumers to buy now, pay later on its partnered merchants. While it’s a relatively new player on the market, it’s aggressively acquiring market share from established apps like Klarna, and Afterpay.

If you’re looking for an easy, fast credit application process with a high approval rate, Sezzle is for you. With Sezzle, no credit score is required, and you aren’t required to have a credit card to begin the application process.

When you shop online or in-store, you can apply for a loan through Sezzle. Sezzle is an alternative to paying with your credit card and allows you to pay off later without interest. If a payment is missed, consumers are charged a late fee by Sezzle. 

They also charge you $10 to reactivate your account if you miss a payment by two days. If you opt not to pay by the payment due date, they will charge you a $7 late fee.

Sezzle continues to grow its network of merchants and users. Purchases may be made with Sezzle at any point-of-sale, including online and offline retail outlets. 

The Sezzle payment plan requires you to pay 25% of the purchase price in advance, followed by three further monthly payments in the next six weeks. Outstanding amounts do not incur interest. 

Sezzle stands out from its competition with advanced technology, great payment methods, and superior customer service.

Splitit

splititWith Splitit Payments, credit-card customers can make installment payments on their purchases. The Splitit app lets customers shop online, or in-store using their existing debit or credit cards to split purchase amounts into interest-free monthly payments. Though the customer is not charged interest on the credit card balance over the course of the payment plan, their credit card is held for the complete purchase price at the time the transaction is initiated.

In contrast to services like Afterpay or Sezzle, which offer installment plans as well, Splitit does not require users to download an app or create an account to make installment payments. The entire transaction is handled between the retailer and Splitit behind the scenes, so the customer does not have to accomplish anything themselves.

Installment payment solutions have never been more appealing than Splitit. The application process is fast and easy, and there are no late fees or interest rates. Compared to other payment modes, Splitit offers a greater range of alternative payment options.

For customers to use Splitit, a credit card is required; the service is different from Afterpay and Zip. As opposed to other companies like Klarna, Splitit doesn’t offer loans to consumers. A credit hold doesn’t constitute a loan because it only ensures repayment of their credit cards. 

ViaBill 

ViabillWith ViaBill, you can allow your customers to purchase now and pay later. Denmark-based ViaBill provides payment solutions to customers without incurring interest or fees.

Online payments via ViaBill are as simple as paying with a credit card. The ViaBill service isn’t intended to replace traditional card payments, but rather as a complementary one.

Consumers can buy now and pay later with no interest through ViaBill, a financial technology provider. As consumers purchase more goods online using ViaBill at participating retailers, ViaBill continues to see increases across a number of categories.

With ViaBill, consumers can extend their payment terms, which has a positive effect on their confidence while buying something. With an easy monthly installment plan that has no interest, shoppers have the freedom to purchase now and pay later.

Zebit 

ZebitWith Zebit, you can make large purchases with short-term cash when you don’t have credit and can’t borrow from a friend or family member. In addition, Zebit doesn’t charge late fees or interest. The company does not check the credit histories of its customers. Bank funds are not removed from their accounts when they use it. The customer can pay off the purchase over a period of six months.

The Zebit.com website offers customers credit lines of up to $2,500 that they can use for shopping online. Customers can shop from a network of over 80 brands and products, including Apple, Black & Decker, Cuisinart, Nintendo, Samsung, and Whirlpool, as well as numerous major wholesale suppliers. There are several categories of products that are prominent, including electronics, appliances, furniture, beauty products, toys, sporting goods, tools, and jewelry.

Partial.ly

PartialyBusiness owners can sell their products and services with custom, flexible payments on the Partial.ly platform. Partial.ly is free to sign up for, has no monthly fees, and connects with many popular e-commerce platforms, while also improving cash flow and streamlining invoicing. Business owners across 25 countries can take advantage of the platform, which handles more than 135 global currencies, helping buyers spread out large payments over reasonable installments that are not financially burdensome. 

Each customer has the option of spreading his or her payment over a few days, a few weeks, or even months with Partial.ly. Choosing the initial down payment amount is also up to the buyer. In addition, they can select a date for the final payment.

Zip Co

zipWith Zip Co’s “buy now, pay later” service, online payments are becoming increasingly popular. There has been an explosive growth in “buy now, pay later” options. Zip Co is also a part of it.

Users of Zip now have the option of shopping millions of products and paying over time without interest, hidden charges, or without affecting the credit score. 

Pay It Later

Pay It LaterIf you use Pay It Later, you can purchase online from your favorite retailers and automatically pay down the purchase over time. Providing a zero percent payment option means that consumers can buy the goods they need and subsequently pay for them over time, regardless of credit history.  

Affirm 

affirmIf you would like to take credit for your online or offline purchases, Affirm is for you. If you’re considering an online shopping spree, you might want to look into Affirm financing.

You can choose from a variety of payment plans from Affirm, including up to 12-month plans. By not using up the entire credit limit on your card, you get to pay off your purchase. 

During the checkout process, you will find payment options offered by Affirm. It is possible for you to pay your purchase over 3, 6, or 12 months, depending on your budget. You may be required to make a down payment with Affirm, typically between 10% and 50% of the purchase price.

If you want to qualify for Affirm financing, you will need a solid credit score – probably 550 or higher. Nonetheless, if you satisfy the lending criteria, your loan is approved immediately and the repayment terms are flexible.

PayPal Credit

paypal creditIt is convenient to shop online with PayPal Credit at any place that accepts PayPal. It’s particularly easy to use PayPal Credit since it doesn’t require a physical card. Simply fill out an online application, and if your credit score meets the standards you will be approved instantly.

PayPal Credits can be used on thousands of online retailers, including eBay, Walmart, Target, Macy’s, and other marketplaces.

Once you’ve added items to your shopping cart, you’ll have the option of paying with PayPal. Those who shop online but are unable to pay immediately can use PayPal Credit as well. 

When you pay off a $99 purchase within six months, you’ll be able to avoid paying interest if you make the minimum payments.

Paypal does not charge an annual fee for its credit lines, but late fees will accrue if payments are missed. They can be as high as $35.

Bread

BreadPayment platform Bread offers dozens of online merchants fast and simple financing options. Bread makes buying things you want easy and convenient by allowing you to pay for them over time.

Residents of the United States over the age of 18 are eligible to participate, as long as their identity can be verified.

The bread platform enables retailers to offer their consumers individualized payment options. It doesn’t matter whether it’s an expensive purchase that can pay off in several months, or a small purchase that can pay off in a short period of time, the Bread platform offers a variety of payment options for any retailer and any customer.

The Bread platform lets retailers offer more payment methods on their e-commerce site by integrating directly with their e-commerce platform.

Bread may be a better option for some shoppers than credit cards, particularly store cards with high interest rates irrespective of credit history.

Fingerhut 

fingerhutThere are more than 450,000 products available at Fingerhut, an online shopping website. Among the products they offer are Samsung and KitchenAid. Customers who do not qualify for credit at other stores will be accepted at Fingerhut. We already shared a detailed article on Fingerhut alternatives with no credit check.

As well as being affordable, their products are of high quality. Fingerhut’s mission is to make it easy for customers to obtain low monthly repayment credit accounts so they can purchase products they like.

The lowest monthly payments are one of the most appealing aspects of having a Fingerhut credit account. The program allows you to apply for financing that you wouldn’t otherwise be eligible for.

You can still get a Fingerhut credit account even if you don’t have a good credit score. You can only purchase Fingerhut merchandise using your credit account. However, Fingerhut offers an enormous range of products, so you shouldn’t have any trouble finding what you’re looking for. 

Limepay

LimepayLimepay is a platform that offers customers a convenient payment method. While other bill me later companies are consumer-focused, Limepay is designed for retailers and gives them the ability to retain and brand their audiences.

Limepay also provides the option to pay in full upfront and also customizable installment plans, making it possible for retailers offering more expensive goods, like furniture or electronics, to offer a flexible payment schedule that goes beyond the pay-in-four option.

Small to medium-sized consumers will be able to access short-term financing through the payment software, which allows them to buy-now-pay-later. Limepay offers the option to pay using debit and credit cards, as well as cryptocurrency.

Limepay stands apart from others in the market by allowing you to split the transaction fees and allowing merchants to choose from over 100 different currencies for sending branded invoices.

For each missed payment, Limepay charges a fee of $5, up to a maximum of $10.

LazyPay

LazyPayLazyPay is yet another popular buy-now-pay-later apps like Klarna. You can use LazyPay when you shop across merchants and pay later. No interest will be charged if you pay the total every 15 days. Additionally, you can get cashback and merchant offers. It is even possible to use LazyPay credit limits in any store accepting UPI. You can convert EMIs if you make a purchase of over Rs 3000.

Unlike credit cards, LazyPay has many more features. There are even zero collateral online loans available that are instantly approved. LazyPay’s digital credit card lets you save time instead of filling out paper applications for credit cards or loans.

Don’t worry about payment now – just buy now. With LazyPay you can pay any of your favorite websites and apps that accept LazyPay payment mode through flexible no-cost options. 

With LazyPay, you can check your CIBIL score for free through the app. It allows you to instantly determine your loan eligibility. CIBIL scores can also be tracked and improved using this app.

With a fast personal loan from LazyPay, you can get out of a situation quickly. The cash from the instant personal loans is deposited directly into your bank account in the form of a lump sum. It is a completely paperless process ensuring no one can contact you during these difficult times.

SlicePay

SlicePaySlicePay, a company that allows college students and millennials to pay for products and services in Equated monthly installments (EMIs). College students are offered up to $60,000 in credit limits, but the amount differs depending on the student. Based on how timely you make your payments, your credit limit may be reduced or increased.

SlicePay has no “minimum amount due” like most credit cards. A grace period of five days is allowed if you fail to pay within the billing cycle. Your bill will automatically become an EMI on the fifth day. It is possible to choose a repayment term of up to 12 months. 

An option is provided for users to decide whether they would like to convert such expenses into low-cost EMIs. On Slice, you can get No-Cost EMIs for up to 4 months for top brands like Amazon, Flipkart, BookMyShow.

Zest Money 

Zest MoneyIf you wanna try any other apps like Klarna in India, the list will not complete without picking Zest Money. With ZestMoney, people are able to pay without requiring a credit score history or credit card. With ZestMoney, you can buy online and offline at partner stores with no down payment and 0% interest. No credit card or CIBIL score is required to apply for the EMI. You will never need another app for loans since ZestMoney provides personal loans for loyal customers.

ZestMoney meets all your EMI needs for Electronics, such as mobile phones and watches, as well as appliances like TVs, refrigerators, and air conditioners.

While registering, the company currently only collects a small amount of personal information. You just need to submit a bank statement for the last 3 to 6 months in addition to identity and address proof. Following the registration process, you will know what your credit limit is. The credit you receive for your account can be used to buy products from an online merchant right away. 

Frequently Asked Questions (FAQs)

Are there any other apps like Klarna?

Sure, there are a lot of other Klarna alternatives that you can use. The apps that are outlined in this short article have exactly the same functionalities as Klarna. Some are even better than the Klarna.

How Klarna works?

Klarna lets shoppers pay their purchases in four installments of equal value, each due two weeks after checkout.

For instance, you would pay $50 at the checkout if the purchase costs $200. Your debit or credit card will be billed every two weeks for the remaining three $50 payments until you have paid the full $200.

Does Klarna work with any store?

The Klarna app can be used in any US store, and you can also view the participating brands by visiting their store directory.

How to pay Klarna in installments?

As these automated payments are already scheduled at the time of purchase, you do not have to make a manual payment when using these options. Klarna will send you a payment schedule email as soon as you make the purchase. Your payments will be automatically debited from the card you have added card on your payment mode. You will receive an email from Klarna confirming the status of your payment.

Can Klarna help your credit score?

Klarna does a soft credit check that does not impact your credit score. The credit bureaus do not receive the information about on-time payments from Klarna, though it may inform them about missed payments.

Can Klarna build credit?

When you don’t have previous credit history, your Klarna payments won’t help build your credit history. Payment activity at Klarna is not reported to the credit bureaus. 

Will Klarna affect my credit score?

When a customer uses Klarna and even if they fail to pay on time, there is no impact on the customer’s credit score

Which Klarna alternative should you choose?

It is impossible to name one platform that is the best Klarna alternative. It all depends on where their payment service can be used and the late fees. While AfterPay is the most popular buy now pay later site like Klarna, Sezzle is excellent as well. 

I hope this post helped you find your ideal app similar to Klarna. It would be nice if you could recommend a few more Klarna similar companies that we can share with our readers. Comment below if you have questions or suggestions.


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Freelancer and writer who keeps a close eye on new technologies. He writes about the best apps/games, how-to tips, tutorials especially on Android, iPhone, computers, Windows, Linux, and Mac.

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