5 Similar Apps Like Klarna

About klarna

Klarna is a popular buy now pay later app. It offers direct payments, pays after delivery options, and installment plans. This app lets you pay your online purchases in 4 interest-free installments within 30 days. Klarna has exclusive deals and discounts updates every day. It has over 90 million active consumers worldwide according to the official website. The late fee for missed installments is $7. But the total fee will never exceed 25% of your order value. Klarna is a global brand and works in 17 countries. Over 2,50,000 merchants from these countries accept Klarna.

Klarna has no impact on your credit scores. The spending limit will grow if you keep shopping with Klarna and pay installments in time. It has virtual single-use cards one time cards. You can use these one-time cards on any online retailer. Largest online retailers like Amazon and Etsy accept Klarna payment. If you return something after purchasing, Klarna pauses your purchase so you don’t have to pay in the meantime. Klarna app is available for iOS and Android.

5 Apps Like klarna

Buy now pay later apps lets you pay off your purchases in interest-free installments. These apps can help you buy something at the moment but don't have the money to expense on that. There are more buy now pay later apps to finance your purchases. Here is a list of similar apps like Klarna with their details, features, pricing, and other information. Let us take a look at this list.

1. PayPal Mobile Cash

PayPal Mobile Cash: Send and Request Money Fast app has the buy now pay later feature. You can pay your shopping expense in one down payment and the rest three installments are one in every two weeks with this app. Late fees on the app are currently $10 for every overdue payment. PayPal launched BNPL(buy now pay later) service just a year ago. More than 7 million users used the service. PayPal buy now pay later has no impact on your credit scoring. The expense limit is $600. It is a US-only service. Many reputed brands 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.

2. 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.

3. Sezzle

Sezzle lets shoppers purchase instantly and make four interest-free payments over six weeks. This app has a fast approval process. It performs soft credit checks on its users. Sezzle doesn't affect your credit score. It doesn't report your loans to credit buries and it has no late fees. Sezzle increase in purchasing power for consumers leads. There are 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. Afterpay

Afterpay is another buy now pay later service app like Klarna. It let customers buy their needed items and pay the price later with four interest-free installments. These installments are scheduled at two-week intervals and after that, late fees are charged with the payment. Many millennials are adopting the service as an advanced alternative to credit cards. After pay is one of the largest Buy Now Pay Later services in the world with around 16 million users. Afterpay has partnered with more than 12,000 vendors. Afterpay has apps for Android and iOS. Afterpay is called Clearpay in the United Kingdom.

5. Possible Finance

Possible Finance is an online lender. You can finance your purchase with this app and repay it in installments without interest. Possible finance charges no late fee on delayed installments up to 29 days. It lends up to $500 based on their transaction history. Possible Finance was founded in 2017. It also helps build credit scores by developing a credit history. As the repayments with the app are reported to credit buries, regular and automated payments results to build a credit score. Good credit is not required to loan with Possible and your credit score is not used to determine your eligibility. This will not affect your credit score in any way. Possible Finance has apps for Android and iOS.

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