Stepping out from the comfort of your home to the store to buy what you need is now a choice. There are now so many online shops offering consumers the ability to purchase virtually anything without leaving their house. It becomes interesting when you know that there’s a shopping app out there that allows you to buy now and then pay later.
Driving the force when it comes to such services is Klarna, currently the most popular app offering this kind of services. Although there other apps like Klarna for your online shopping, they remain the best. The company has been offering such service for the past 15 years and has gained reputation all over the globe.
The journey started in 2005 in Stockholm, Sweden. It currently provides online shopping payment solutions to more than 205,000 retailers across 17 countries. According to the company, it has over 85 million customers that make over a million transactions daily.
Meanwhile, Klarna is a financial technology company that tries to offer consumers a better way to pay for their goods online. Its services include buy now and pay later, which allows consumers to purchase goods and then make payments in installments. Depending on the package, the payment can be made every two weeks or everything paid in a month.
Aside from Klarna, other apps offer the same services. Below are 5 other apps like Klarna for your online shopping.
5 other apps like Klarna for online shopping
- AfterPay
- Affirm
- Split
- Quadpay
- Sezzle
AfterPay
AfterPay is another app like Klarna that offers buy now, pay later services. It’s an Australian financial technology company with the right to operate in the United States, United Kingdom, Australia, and New Zealand.
First, you have to sign up on their website. And according to them, no long-form, and you will know if you’re approved instantly, but that depends on how early you make your payments. The installments are interest-free, which is due every two weeks, and with over 1200 retail stores partnering with them, you will always see what you’re shopping for.
Affirm
Over 3,000 online stores are partnering with the financial Technology company to provide users an easy way to pay for their online shopping. Interestingly, there’s no minimum credit score to qualify, with a soft credit check, you will get approved. All loans taken by a customer can be paid at 15% APR between 6 to 18 months. And considering the time frame given to repay your loan, Affirm is the best alternative to Klarna for large purchases.
Splitit
To improve your business cart conversion rate, you can register with Splitit today. Meanwhile, customers looking for other apps like Klarna can also choose Splitit as their payment option when making an online purchase. With Splitit, you don’t have to apply for a line of credit with the company. Your existing MasterCard or Visa credit/debit card can be used to make purchases. There’s an option to structure the installments, which is taken automatically from your card every month.
Quadpay
While other apps like Klarna for your online shopping might not impact your credit rating, Quadpay does when you fail to make your payment as when due. But then that’s not a problem for someone who genuinely needs time, perhaps for the next payday to repay his loans. It will also help to pay credits on time to avoid interest and other charges.
Quadpay allows you to structure your repayment plan into four equal parts. Also, soft credit checks are carried out each time you want to make use of their services, which most times means fast approval.
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Sezzle
Sezzle is another app that’s growing rapidly among online shoppers. It has a fast approval process, which constitutes soft credit checks for its users. Once your account is verified, your approval decision will be sent to you, and you can start shopping. Meanwhile, you will make your first installment at checkout with the remaining three to be made every two weeks.
