The in-demand feature of buy now, pay later (BNPL) is assisting users worldwide. Top companies are building apps like Affirm that enable users to purchase items not only online but also from offline stores. These apps split the huge amount of money into smaller installments, making the user stress-free. Modern generations are getting more into these platforms to fulfill their wants with budget-friendly installments. However, Affirm is not the only solution in today’s evolving market, as there is limited consumer protection. Affirm alternatives are also rising and building trust among users. In this blog, we will discuss the top Affirm alternatives that run seamlessly with lower interest and exclusive features.
Financial transactions under the Buy Now, Pay Later (BNPL) scheme are increasing with rapid growth. By 2026, it is estimated that these transactions will cross a figure of $450 billion.
The revenue of BNPL transactions grew from $19.22 billion in 2024 to $23.37 billion in 2025.
In 2022, almost 370 million users were connected with these platforms, but now it will be set to outperform 900 million users by 2027.
Here are some of the most reliable alternatives to Affirm that can manage your payments efficiently:
Sezzle is a leading app that enables users to split purchases into 2 installments of 2 weeks and 4 installments in 6 weeks. While the other cases include interest rates, where you can split your purchases from 3 months to 48 months. This case charges interest of 5.99% to 39.99%.
Late Fees:$10 per missed installment
Klarna is a well-established company like Affirm, with advanced expertise and technology. Beyond the basic features of 4 splits, Klarna focuses on providing exclusive features of ‘Pay in 30 days’ or ‘Pay instant’ without any interest. This ensures an amazing shopping experience for its users.
Late Fees: $7 to $35.
Afterpay is similar to Affirm, allowing merchants to split purchases into 4 interest-free installments over 6 weeks. It partners with exclusive brands of fashion, homes, beauty, and many more. Its intuitive and engaging functionalities made it a prominent app globally.
Late Fees: 25% of the order.
PayPal is a popular financing app, which stands out as a buy now, pay later service app in the market. Almost every store supports PayPal with exclusive services. This company offers two methods of payment: pay in 4 or pay monthly. If you are purchasing $30 to $1500, then you can split it based on the first method of paying in 4 installments of 6 weeks. If you purchase $199-$10,000, then you can use the second method of paying monthly.
Late Fees: $41.
Zip is also known as Quadpay. It splits your orders into 4 payments, the first 25% during order placement, and another 3 payments of 25% every week. Here, the minimum purchase amount is $35. For the installment plans: $4 charged for orders $35 to $99.99, $5 charged for orders $100 to $199.99, and $6 for orders $200 or above.
Late Fees: Around $7.
Perpay is a financial wellness and Buy Now, Pay Later (BNPL) platform that allows users to make purchases and repay the amount over time through small, manageable payroll-deducted installments. It focuses on helping users build credit while offering a stress-free repayment process without traditional interest fees.
Late Fees: No traditional late fees
It is one of the most flexible financing apps, allowing 4 installments on an order, and offers the feature of a 1-click checkout. This feature terminates the credit checks, so that you can easily select Google Pay or Apple Pay with instant confirmation.
Late Fees: $7 on each payment.
Postpay is a popular BNPL app used in the UAE. It allows merchants to split the purchase amount into 3 installments. Each installment will be paid on the due date of each month. In the previous update of Postpay, it added a new option to split payments from 6 months to 12 months on big orders. Hence, the interest rate is not disclosed in this case; you can view it during verification.
Late Fees: Not fixed.
Viabill is a leading financing service in the Buy Now, Pay Later (BNPL) services market. It offers two main payment plans: Standard and Viabill+. The first plan provides a limit of $300 with 4 fixed split payments. This plan will expire after 1 year. The second plan allows a limit of $1500 with an initial fee of $5.99 to $29.99. In this plan, you can split your purchases into 4 to 24 flexible installments.
Late Fees: $29 on first late payment.
Cardless is an ideal financing service platform, where you can split your purchase into installments for the long term. Along with the purchases, it offers beneficial gifts and vouchers to claim with installments. Its interest rate is from 21.24% to 31.24%.
Late Fees: Upto $30.
Affirm is a prominent and popular platform in the spacious financing market. It offers top-notch services along with friendly features, but in many cases, Affirm lacks consumer protection, which encourages users to explore better options. However, these 10 apps like Affirm offer flexible payment plans, long-term installment options, and even exclusive rewards, making them excellent alternatives for modern shoppers.
If you are curious to learn more about Affirm or want to develop a BNPL platform or an app like Affirm, contact Telepathy Infotech. As a trusted Fintech App Development Company, we build secure, scalable, and feature-rich BNPL solutions with faster delivery and top-grade quality. Our experts help you design seamless user experiences, integrate safe payment flows, and launch powerful fintech apps tailored to your business goals.
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