Top 11 Buy Now Pay Later Apps in 2024

Suppose you want to buy something online or even offline but don’t want to pay immediately. The Buy Now Pay Later App is one of the best payment methods because you can pay later with almost no interest.

In this post, I will share 11 Best Buy now pay later apps you can use today to purchase your new sofa, TV, or anything else without paying it immediately.

Top 11 Buy Now Pay Later Apps

Top 11 Buy Now Pay Later Apps To Try In 2024:

I have chosen these 11 Buy Now Pay Later apps for you based on their popularity, service, support, and pricing. You can pick any app on this list, and you won’t regret them.

1. Affirm:

Affirm

Affirm is one of the best Buy Now Pay Later services that offers excellent features such as no late payment fees, and it is perfectly suitable for people who want to take loans for a long time.

If you plan to get yourself an expensive laptop, Mattress, Couch Camera, or any other expensive stuff, Affirm might be the right choice for you as it offers loans from one month to a maximum of 60 months. Apart from that, it doesn’t have any charges for late payment.

The minimum amount you can take a loan on Affirm is $50, and the maximum amount is $25,000. You can use Affirm for both your online purchases as well in-store purchases.

Key Features:

  • Offers Pay-in-four plans and Monthly plans for payment.
  • Zero interest rate for pay-in-four loan.
  • Available both online and in-store.
  • Doesn’t charge you anything for late payments.

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Pros

  • Does not charge any late fees.
  • Gives you the flexibility to purchase expensive items up to $25k.
  • You can purchase items with Affirm on most retailers.

Cons

  • Interest rates is high at 30%.
  • There is no option to reschedule the payment.

2. Afterpay:

Afterpay

If you are someone who pays the loan on time, Afterpay is the perfect choice for your Buy Now Pay Later platform. Afterpay rewards its users by letting them purchase with many credits if they pay the loan at the right time.

The spending limit on Afterpay starts at $600, and If you pay the money on time, the amount will increase over time. If you want to increase the spending limit of Afterpay, pay back the money on time.

Unlike Affirm, there is a late fee charge on Afterpay. You’ll be charged with $8 fee for late payment or 25% of the transaction amount for each late payment. Until you clear the first loan, you won’t be able to take a new loan on Afterpay.

Key Features:

  • 4 installments of payments in 6 weeks duration.
  • It can be used in over 100k merchants globally.
  • The spending limit depends on the on-time payments.
  • Easy to understand and use for first-time users.

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Pros

  • 0% percent interest rate.
  • There is no credit check.

Cons

  • Late free is very high.

3. Sezzle:

Sezzle

Similar to Afterpay, Sezzle offers the pay-in-four payment plan, which divides your payment into 4 but you’ll have made the first payment immediately, and the rest of the payment can be made in 4 weeks course. If you can’t pay it in 4 weeks, you can reschedule your payment by 2 weeks free of cost.

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The best thing about Sezzel is there is no interest rate as well late payment fee however, there will be a charge If your payment fails, and you can’t take any further loan until you clear the previous payment first.

Key Features:

  • Flexible payments in 4 weeks.
  • It has over 41,800 active merchants.
  • Purchase items worth up to $2500.
  • Available both online and in-store.

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Pros

  • Payment can be extended by two weeks free of cost.
  • Doesn’t report your credit scores.
  • 0% percent interest rate.

Cons

  • Only one rescheduling of payment is free.
  • Need to pay for reactivation of the account in case the payment gets failed.

4. Klarna:

Klarna

If you want a Buy Now Pay Later app that gives rewards for spending money, Klarna is here to serve you. If you have a decent amount of funds in your bank account, you’ll not have issues getting approval for Klarna.

Klarna has 3 plans to offer i.e. Pay in 30, Pay in 4, and monthly financing. With Pay in 30 and Pay in 4, you won’t be charged any interest rate. In the monthly financing option, you’ll be charged a 0% to 24.99% interest rate depending upon various things.

Klarna has partnered with many merchants, such as Dolce & Gabbana, Nike, Versace, Instacart, etc. You’ll have no issues purchasing from these stores with Klarnan.

Key Features:

  • Offers 3 payment plans.
  • Easily find buy now, pay later sites with Klarna.
  • Offers Monthly financing for large purchases.
  • Offers rewards for every dollar you spend.

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Pros

  • Zero-interest loans in two plans.
  • Get rewards for spending your money.

Cons

  • No option to turn off automatic payments.

5. Zip (Formerly Known As Quadpay):

zip

Like a few other apps on the list, Zip also offers 4 installments of payments over 6 weeks without any interest rate, but it charges when you make the installment payments. For instance, you’ll be charged $4 for purchases between $35 and $99.99, over $5 for purchases over $100, and so on.

One of the biggest advantages of using Zip as your BNPL provider is it has been partnered with over 51,000 merchants globally. Some notable merchants on Zip are Best Buy, Amazon, Walmart, Target, eBay, Costco, and Bath & Body Works.

Key Features:

  • Offers Pay in 4 installment option.
  • Browse the store with their online store feature.
  • They have parted with over 51,000 merchants.
  • Offers a browser extension to purchase from retailers that aren’t on Zip.

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Pros

  • It doesn’t perform a credit check.
  • 0% interest when you pay on time.
  • Easy to use UI.

Cons

  • Installment fees may not make sense for everyone.
  • Have to pay late fees.

6. PayPal’s ‘Pay in 4’:

PayPals ‘Pay in 4-

We all know PayPal as a great platform to make online transactions, but many people aren’t aware that they have launched a new service in the BNPL space. Just like a few other BNPL services PayPal’s ‘Pay in 4’ offers you get an interest-free loan for the next 6 weeks. You can buy a product with the first installment, and the rest can be paid in 3 terms.

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There are no late fees in PayPal’s ‘Pay in 4’, making it more attractive than its competitors.

Key Features:

  • Pay the 25% installment and pay the rest in 6 weeks.
  • There is no interest rate.
  • Highly reliable and reputable customer service.
  • The minimum amount to use PayPal’s ‘Pay in 4’ is $30, and the maximum is $1500.

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Pros

  • No late fees.
  • Connected with a large number of retailers across the country.
  • There are no hard credit checks.

Cons

  • Only available in 44 states in the U.S.
  • Only PayPal users and merchants can access this service.

7. Splitit:

Splitit

Compared to other BNPL apps, Splitit has a sizeable number of merchants, but there are a few benefits of using Splitit, such as no credit checks and no interest fees on the products you purchase.

Splitit doesn’t give you a new loan instead, it gives you the power to buy anything from the credit limit on your card. Currently, Splitit works only with Mastercard and Visa credit cards. Unfortunately, you won’t be able to use Splitit if you have any other card.

Key Features:

  • Gives you a loan based on your credit limit.
  • There is no credit check.
  • No interest fee.

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Pros

  • No need for any approval to get started.
  • Get started with your existing credit cards.

Cons

  • Limited number of retailers.
  • Works only with Mastercard and Visa credit cards.

8. Perpay:

perpay

If you want a BNPL app that allows you to repay the money with the additional advantage of improving your credit, Perpay might be the right app for you. You can repay the money with your paycheck, which is kind of a unique thing in BNPL apps.

With Perpay, you can purchase your preferred product in over 1000 brands, and you don’t have to pay any interest fee.

Key Features:

  • Doesn’t require any credit check.
  • Pay the money with your paycheck.
  • You can purchase over 1000 brands with Perpay.
  • Improve your credit score with a credit card.

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Pros

  • Suitable for full-time employees.
  • No credit check.
  • No interest fee.

Cons

  • A limited number of retailers compared to other apps.
  • Paying from a paycheck might be a hassle for some people.

9. Deferit:

Deferit

Deferit isn’t as popular as a few other apps on the list, but it is surely a great contender as an excellent BNPL app, as it has gained the trust of many people from its service. With over 100k downloads on the Google Play Store, the app has a 4.6/5 rating from almost 8k users. This will give you an idea about the users’ response to this app.

Like many apps, Deferit doesn’t charge you any interest or late fee, but you need to pay for their monthly subscription, which will cost you $14.99. The maximum amount you can borrow from Deferit is $2000, which you can pay over the next 6 weeks.

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Key Features:

  • Offers monthly subscription to use the service.
  • Help you track your bills.
  • Build credit with every payment.
  • Available for Android and iOS devices.

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Pros

  • Excellent customer service.
  • Easy to use UI.
  • No hidden fees.

Cons

  • Includes monthly fees.

10. Laybuy:

Laybuy

Laybuy was launched in 2017, and since then, they have acquired customers by providing excellent service. It offers 6 weeks payment plan by completing the first payment on the date of purchase.

Laybuy has partnered with brands such as Mermade Hair USA, HiSmile, Mellow Cosmetics US, and RUBY. Laybuy is suitable for fashion lovers who have partnered mostly with such brands. You can buy with Laybuy both online and in-store.

Key Features:

  • Purchase your fashion stuff in 1000 retailer shops.
  • Built credit history with Laybuy.
  • Clean UI.
  • Offers interest-free loan.

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Pros

  • Search for merchants within the app.
  • Offers both online and in-store features.

Cons

  • Targeted only for fashion lovers.

11. ViaBill:

ViaBill

The last app on our list of the best Buy Now Pay Later apps is ViaBill. It is the least popular app on the list, but the service ViaBill offers makes it quite useful for many shoppers. The way ViaBill works is pretty simple. Select ViaBill when you checkout, pay the first payment and complete the rest in 6 weeks.

ViaBill doesn’t have any fancy features what they have is a list of popular brands to choose from. Some notable brands on ViaBill are Amazon, Puma, Expedia, Ali Express, Walmart, Trivo Shop, Lowe’s, and Zazzle.

Key Features:

  • Split your payment in 4.
  • Partnered with the biggest brands in the world.
  • Excellent customer support.
  • Available on both Android and iOS.

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Pros

  • Clean and easy-to-use UI.
  • Doesn’t charge you any interest fee.

Cons

  • Doesn’t work in all States in the U.S.

Conclusion:

Purchasing products online is very convenient these days as you can purchase items in multiple methods such as Cash, EMI, Credit Cards, etc Buy Now Pay Later Apps give you more flexibility than others as you can pay the money later almost without any interest rates.

There are many a lot of apps right now that offer this, but only some of them provide good service and also have customer support. If you have any questions, let me know in the comments, and I’ll clear your doubts ASAP. Thanks.

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