Finding companies like Affirm? Check them out below.
It is estimated that 91.5 million Americans will use BNPL services in 2025. And it’s no surprise that younger generations are leading the way. Businesses have started noticing this trend and are quickly adding BNPL options to keep up with customer needs. The idea is simple: with rising prices, not everyone can pay for products or services all at once. Customers want choices that make payments easier and more flexible, without missing out on what they want.
That’s where Affirm comes in. It’s a well-known BNPL app that lets customers split their purchase into smaller payments and pick a plan that works for their budget.
However, Affirm is not the only solution out there. There are several other BNPL companies, like Affirm, worth checking out. So, to help you explore your options, we’ve put together a list of the top 11 Affirm alternatives for businesses. Go through them and choose the solution that matches your business needs.
Top 11 Companies Like Affirm
1. Sezzle
Sezzle is one of those Affirm alternatives that allows shoppers to split their purchases into four interest-free payments over six weeks.
Pricing For Customers: Sezzle may charge small service fees, usually between $0 and $5.99. If a payment fails or is missed, extra fees could apply.
Pricing For Merchants: Each order comes with a processing fee, generally around 6% of the sale plus $0.30. In some cases, service fees can go up to $7.49, depending on the type or size of the purchase. Merchants must also meet a minimum monthly order volume, or else a monthly account fee applies.
| Key Features | |
| Four Payments, Six Weeks | Payments are automatically split into four equal parts. |
| Interest-Free | No hidden interest charges for customers when payments are made on time. | Instant Approval Decision | Quick eligibility checks without impacting credit scores. | Wide Acceptance | Available at thousands of online and in-store retailers. | Flexible Payment Management | Customers can reschedule one payment for free if needed. |
2. FinanceMutual
FinanceMutual stands out among BNPL apps like Affirm because of its smart AI features. The AI checks customer details and does a soft credit check to offer suitable payment plans. Unlike many companies, such as Affirm, which primarily focus on products, FinanceMutual offers a wide range of services, including cosmetic procedures, legal services, health and fitness, credit repair, home improvements, and more.
Pricing For Merchants: FinanceMutual charges a platform fee of $30 upon creating a contract.
| FinanceMutual Integrates with These Platforms | |
| QuickBooks | Automatically syncs payment data, saving time on manual entries and keeping accounting accurate. |
| Recuvery | Helps manage overdue payments by updating FinanceMutual in real time, keeping records correct without extra work. | Practina | It lets businesses use AI-driven marketing to reach potential customers on Google, Instagram, Facebook, and YouTube. Therefore, businesses can offer financing and manage their social media. | CoolCredit | Helps customers build, repair, and improve their credit scores. Plus, payments made through FinanceMutual are reported to credit bureaus. |
3. PayPal Credit
PayPal is one of those Affirm competitors that works like a reusable digital credit line. Instead of paying the full amount upfront, shoppers can spread payments over time, making it easier to manage bigger purchases while still checking out instantly.
Pricing For Customers: There’s no fee when making standard purchases with PayPal. However, if you use PayPal Credit and don’t pay off the balance during the promotional period, interest will be applied. Purchases of $149 or more often qualify for 6 months of special financing, with APRs ranging from 9.99% to 35.99%.
Pricing For Merchants: PayPal charges fees per transaction:
- 3.49% + $0.49 for PayPal, Venmo, or PayPal Checkout.
- 2.89% + $0.29 for direct card processing.
- 4.99% + $0.49 for Pay Later (BNPL) transactions.
| Key Features | |
| Digital Credit Line | A reusable line of credit that customers can use anytime at checkout. | Special Financing Offers | No interest if paid in full within 6 months on eligible purchases. |
| Instant Approval Decision | Quick application process during checkout. | No Physical Card | 100% digital, making it simple to use. |
4. Klarna
Klarna is a global financial technology company that specializes in Buy Now, Pay Later (BNPL) services and other payment solutions. It usually works like companies like Affirm. It partners with thousands of retailers worldwide, from small businesses to major brands, making shopping easier and more affordable for customers while boosting sales for merchants.
Pricing For Customers: Klarna may charge interest up to 35.99% APR on extended financing. Moreover, customers can face a $7 late fee, capped at 25% of their order value.
Pricing For Merchants: Klarna earns by taking a small cut of each sale. Short-term options like “Pay in 4” can cost merchants up to 5.99% + $0.30 per order, while longer-term financing comes at a lower rate, around 3.29% + $0.30.
| Key Features | |
| Multiple Payment Options | Pay in 4 installments, pay later in 30 days, or finance over a longer term. | Interest-Free Options | Many purchases can be split without interest when paid on time. |
| In-App Shopping | Klarna’s app allows users to browse stores, track deliveries, and manage payments. | Buyer Protection | Extra security for customers when shopping online. | Global Reach | Available in over 45 countries with millions of active users. |
5. Afterpay
This company, like Affirm, allows shoppers to split purchases into four equal, interest-free payments over six weeks.
Now a part of Block, Inc. (formerly Square), Afterpay has expanded globally, partnering with thousands of retailers across fashion, beauty, home, and more. Its simple, transparent model has made it one of the most popular BNPL providers worldwide.
Pricing For Customers: No interest in payments. Late fees may apply if a payment is missed, typically capped at a percentage of the order.
Pricing For Businesses: Afterpay charges merchants around 4–6% per transaction + $0.30. In return, businesses get paid upfront while Afterpay handles the risk and collections.
| Key Features | |
| Pay in 4 | Purchases are split into four payments over six weeks. | Interest-Free | No interest when payments are made on time. |
| No Credit Checks | Quick approval process without hard credit pulls. | Mobile App | Shoppers can browse stores, manage payments, and get alerts. | Global Reach | Available in multiple countries, including the U.S., U.K., Australia, and Canada. |
6. FuturePay
FuturePay offers a digital revolving credit line called MyTab for online shoppers. Mostly BNPL companies like Affirm allow customers to split a single purchase into fixed installments. But FuturePay allows them to apply once for a credit limit and then reuse that credit for multiple purchases over time.
Pricing For Customers: If you carry a balance of $50 or more at the end of your billing cycle, a finance charge of $1.25 is applied for every $50 (or part of $50) you carry.
Pricing For Merchants: FuturePay charges a transaction fee of 3% of the order value. There are typically no setup or monthly fees, as charges are performance-based. Merchants receive their funds within two business days of the sale.
| Key Features | |
| Revolving Credit Line (MyTab) | Apply once for a credit limit and reuse it for multiple purchases. | Flexible Repayment | Choose to pay in full at the end of each billing cycle or carry a balance. |
| Merchant-Friendly Integration | Easy integration via API or ready-made plugins. |
7. Splitit
Splitit is a payment solution that allows customers to pay for purchases in interest-free monthly installments using their existing credit cards, without requiring additional credit checks. The customer chooses how many monthly installments they want to split the payment into (e.g., 3, 6, or 12 months). Splitit performs a soft check of the credit card to ensure enough available credit for the full purchase amount.
Pricing For Customers: Typically, no interest or fees if payments are made on time; terms depend on the merchant’s setup.
Pricing For Merchants: Splitit charges a percentage fee per transaction, usually around 2–4% of the purchase amount, with no setup or monthly fees.
| Key Features | |
| No Interest & No Fees for Customers | Customers can split payments into smaller monthly installments using their current credit card. | Seamless Checkout Integration | Works directly at checkout without complicated processes. |
| Global Support | Available in multiple countries and currencies. | Merchant Benefits | Increases sales conversion, average order value, and customer satisfaction. |
8. Zip
Zip is also included in the list of companies like Affirm. For consumers, the process is simple: they select Zip at checkout when shopping online or in-store and choose a payment plan. It can be either Zip Pay, which splits the purchase into 4 installments over 6weeks. Or customers can use Zip Money and pay the merchant upfront while the consumer repays.
On the other hand, merchants can integrate this payment option on websites or point-of-sale systems.
Pricing For Customers: Offers longer-term financing with interest rates starting from 12.95% p.a.
Pricing For Merchants: Typically range from 3.50% + $0.30 per transaction in the U.S.
| Key Features | |
| Flexible Payment Plans | Choose from 4 interest-free installments or longer-term financing. | Instant Approval | Quick credit checks with instant decisions. |
| No Hidden Fees | Transparent costs with no annual fees. | Rewards Program | Earn cashback on purchases when using the Zip app. |
9. Four
This app allows consumers to split their online purchases into four equal, interest-free payments made every two weeks. Customers can shop online at participating retailers with its application. At checkout, they select Four as the payment method, and the first payment is made immediately, with the remaining three payments scheduled bi-weekly.
Pricing For Customers: Paying on time incurs no additional costs. However, a $7 fee is charged immediately after the due date if a payment is missed. An additional $8 fee applies if the payment remains unpaid after 7 days.
Pricing For Merchants: Transaction fees range from 2% to 8% per transaction, depending on the agreement with Four.
| Key Features | |
| Immediate Payment | Receive full payment upfront from Four, reducing financial risk. | Flexible Payment Schedule | Payments are made every two weeks, providing manageable intervals. |
| Instant Approval | Quick sign-up process with no credit checks required. | Payment Reminders | Receive notifications before each payment is due to help manage finances. |
10. ViaBill
Like other companies, like Affirm, ViaBill gives customers the flexibility to divide online purchases into four interest-free monthly payments. After selecting ViaBill at checkout and completing a brief approval process, the first installment is due immediately, and the other three installments are scheduled automatically over the following months.
Pricing For Customers: Payments are completely interest-free when made on time, though missing a payment may incur a variable fee.
Pricing For Merchants: Merchants can integrate ViaBill without incurring initial or ongoing subscription costs. 2.9% + $0.30 per transaction is charged.
| Key Features | |
| Interest-Free Payments | Split purchases into four equal monthly installments with no interest if paid on time. | No Credit Check | Approval is based on a brief application without the need for a credit check. |
| Immediate Payment | Receive full payment upfront from ViaBill, reducing financial risk. |
11. Cardless
Cardless is a payment platform designed to help businesses accept recurring and one-time payments without the need for traditional credit card infrastructure. By leveraging bank account-to-account (A2A) transfers, Cardless enables seamless, secure, and cost-effective transactions.
Pricing for Customers: Using Cardless is generally free for customers, provided they have an active bank account to complete payments.
Pricing for Merchants: Merchant subscriptions begin at $249.95 monthly, with higher-level plans providing additional tools and services.
| Key Features | |
| Bank Account-to-Account Payments | Facilitates direct transfers between customer bank accounts and merchant accounts. | Recurring Billing Support | Ideal for subscription-based businesses requiring regular payments. |
| Secure Transactions | Utilizes encryption and authentication protocols to ensure payment security. |
Comparison Between Leading Companies Like Affirm
Affirm vs Klarna
| Basis | Affirm | Klarna |
| Duration | Offers installment plans for 3, 6, or 12 months | Provides pay later for 14–30 days |
| Credit check | Interest may apply to installment plans | Interest-free for pay-later and 4-installment options; longer financing may carry interest |
Affirm vs Afterpay
| Basis | Affirm | Afterpay |
| Duration | Offers monthly installments, which can include interest depending on the plan | Splits purchases into 4 equal, interest-free installments every 2 weeks |
| Credit check | Performs a soft or full credit check depending on the loan amount | No credit check; approval is instant and based on account history |
Klarna vs Afterpay vs Affirm
| Basis | Klarna | Afterpay | Affirm |
| Duration | Pay in 4 installments, monthly installments, or longer-term financing (with interest) | Splits purchases into 4 equal, interest-free installments every 2 weeks | Offers monthly installments, which can include interest depending on the plan |
| Credit check | Soft credit check for shorter-term plans; full check for longer-term financing | Approval is instant and based on account history | Performs a soft or full credit check depending on the loan amount |
Sezzle vs Affirm
| Basis | Sezzle | Affirm |
| Duration | Splits purchases into 4 equal, interest-free installments over 6 weeks | Offers flexible repayment terms, ranging from 3 to 60 months |
| Credit check | Sezzle performs a soft credit check during the approval process. | Affirm also conducts a soft credit check when you apply for financing. |
Affirm vs Afterpay vs Klarna
| Basis | Affirm | Afterpay | Klarna |
| Duration | Offers flexible repayment terms ranging from 3 to 60 months | Provides interest-free installments, typically split into 4 equal payments over 6 weeks | Offers multiple payment plans, including "Pay in 4" and longer-term financing options |
| Credit check | Performs a soft or hard credit check depending on the loan amount and term length | Does not perform a credit check; approval is based on proprietary risk assessment | Conducts a soft credit check for shorter-term plans; a hard credit check may apply for longer-term financing |
Key Considerations While Choosing Other Companies Like Affirm
Not every BNPL company offers the same value. Some focus more on customer perks, while others benefit merchants. To find the right fit for your business, consider the following key factors when evaluating companies similar to Affirm.
1. Interest & Fees: Check if the BNPL service charges interest, late fees, or hidden costs. Some are fully interest-free, while others may charge if payments are late.
2. Credit Checks: Some providers do hard credit checks (can affect credit score), others do soft checks (no impact). Consider what works best for your customers.
3. Payment Flexibility: Look at installment options: number of months, minimum payments, and how often payments are due.
4. Merchant Costs: While choosing companies like Affirm, compare fees charged to merchants, like transaction fees or setup costs. Lower fees help you keep more profit.
5. Supported Services: Some BNPL services are only for products, while others work for services like cosmetic procedures, legal help, or home improvements.
6. Integration & Tech: Choose a provider that easily connects to your POS, e-commerce, and accounting tools to save time.
7. Fraud & Risk Protection: Make sure the platform protects you from fraud and payment issues to reduce losses.
The Final Note
There are plenty of BNPL companies like Affirm in the market, but not all will be the right fit. It’s important to choose a provider that not only helps your business grow with better sales and profit margins but also appeals to your customers with easy, accessible payment options. After all, business success comes from striking the right balance.
FAQs
1. Explain Affirm vs Klarna.
Affirm and Klarna are both “buy now, pay later” (BNPL) services, but they work a bit differently. Affirm is often used for larger purchases with fixed monthly installments, sometimes with interest. Klarna focuses on flexible short-term options like “Pay in 4” with no interest, making it popular for everyday shopping.
2. Explain Affirm vs Afterpay.
Affirm and Afterpay are both BNPL services, but their payment styles differ. Affirm lets users pay over longer terms (up to 36 months) and may charge interest, making it good for bigger purchases. Afterpay splits payments into 4 interest-free installments, mainly for smaller, everyday buys.
3. Who Are the Affirm Competitors?
Affirm’s main competitors are other BNPL providers like FinanceMutual, Klarna, Afterpay, Sezzle, Zip, and PayPal Pay Later.
4. Explain Klarna vs Afterpay vs Affirm.
Klarna, Afterpay, and Affirm are leading BNPL services with different strengths. Klarna offers multiple flexible payment options, including “Pay in 4” and financing. Afterpay specializes in 4 interest-free installments for smaller purchases. Affirm focuses on bigger buys with longer-term plans, sometimes with interest.
5. Explain Sezzle vs Affirm.
Sezzle and Affirm are both BNPL services, but they serve different needs. Sezzle mainly offers short-term, interest-free installment plans (often “Pay in 4”) for smaller purchases. Affirm is designed for larger purchases with longer payment terms, which may include interest.
6. How Do Websites Like Affirm Work?
Websites like Affirm work by partnering with merchants to offer buy now, pay later options at checkout. Customers choose a payment plan, short-term interest-free or longer-term with interest, while the merchant gets paid upfront, and Affirm collects payments over time from the customer.