5 Similar Apps Like Quadpay

About Quadpay

Quadpay (Now Zip) is a buy now pay later app. It lets users shop with freedom and pays later in four interest-free installments set into six upcoming weeks. It is one of the leading US-based installment payment platforms. Quadpay provides consumers a simple, transparent, and financially responsible alternative to traditional credit. It does not have any impact on your credit score. Quadpay app is now known as ZIP, and it is available for iOS and Android.

Quadpay has over 6 million users. The platform is connected with 45,000 merchants. It makes $4bn (AUD) in annual payments globally. Quadpay credit limit is $350–$1,000 depending on your user history on the app. Merchants can get loans of up to $5000 from the ZIP platform. It charges a $1 convenience fee for each payment and a flat fee of $6 a month on whatever is owed. For late payments Zip charges fees of $5, $7, or $10, depending on the state you live in.

5 Apps Like Quadpay

Apps like Quadpay lets you purchase things and pay the price in installments. They might charge interest or fees and additional late fees. Now many apps will let you buy instantly and pay later. These apps are called the BNPL apps. BNPL is increasingly getting popular among many customers. And the option of BNPL is getting handier. Here is a list of similar Apps Like Quadpay with all their best features, functionalities, pricing, and compatibility. Let us take a look at these apps.

1. Afterpay

Afterpay is a popular pay later service. It let customers buy products and pay the price with four interest-free installments. These installments have to be paid at two-week intervals and any additional time will add late fees with the payment. Millennials are using the service as a better alternative to credit cards. After pay is one of the largest Buy Now Pay Later services in the world with around 16 million users. One of the best things about the app is that it has partnered with more than 12,000 vendors. It launched its app for Android, iOS, Windows. Afterpay is called Clearpay in the U.K but it’s the same app from the same company.

2. Klarna

Klarna: Shop now. Pay later. is a buy now pay later app by Klarna Bank AB. This app lets you pay any f your online purchases in 4 interest-free installments within 30 days. It also has exclusive deals and discounts updates every day. The late fee for missed installments is $7. But the total fee will never exceed 25% of your order value. It is a global brand and works in 17 countries. Over 2,50,000 merchants from these countries accept Klarna. It has currencies like AUD, CAD, CHF, DKK, EUR, GBP, NOK, SEK, USD. You can pay both in 4 installments or 30 days with Klarna. Klarna app is available for iOS and Android.

3. Sezzle

Sezzle empowers shoppers to purchase today and make four interest-free payments over six weeks. Their success can be attributed to their fast approval process, which involves performing soft credit checks on their users. The company does confirm your identity and run a soft credit check, but that doesn't affect your credit score. You don’t have to pay any interest at all and they don’t report to credit bureaus. This increase in purchasing power for consumers leads to increased sales and basket sizes for the more than 40,000 Active Merchants that offer Sezzle. You can easily manage existing orders, reschedule future payments, change your payment methods, and get notifications ahead of your next payment in the app on this app. Sezzle is available for iOS and Android.

4. PayPal Mobile Cash

PayPal Mobile Cash: Send and Request Money Fast is a complete app for PayPal transactions. It also has a buy now pay later feature. You can pay your shopping expense in 4 installments with this app. One down payment and the rest 3 installments are one in every two weeks. Late fees on the app are currently $10 for every overdue payment. PayPal BNPL(buy now pay later) service was launched just a year ago. More than 7 million users have used the service according to the online transaction company. PayPal buy now pay later has no impact on your credit scoring. The expense limit is $600. It is a US-only service. Most of the reputed brands of every section accept Paypal. You can not reschedule your payment dates, but you can pay off early. PayPal is planning to stop charging late fees. PayPal Mobile Cash app is available for iOS and Android.

5. Zebit

Zebit is a marketplace with thousands of top brands where you can buy now and pay later. Zebit has more than 3 million users. It grants a max of $2,500 in credit to consumers without hidden fees which is one of the highest in the class. It is a marketplace of millions of brand name products with one key difference from the competition: Zebit allows customers to buy now and pay over time with interest-free credit. You have to pay up to 30% downpayment while checking out your order. You make the installment payments over the next 6 months. Zebit does not pull a FICO score nor make an inquiry that impacts your FICO score. Zebit has apps for iOS and Android.

Thanks for reading.