7 Buy Now Pay Later Apps and Their Participating Retailers

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Today, many online stores and retailers accept buy now pay later applications to make it more convenient for their customers to shop. The BNPL apps are similar to credit cards because they let you acquire an item and spread the payment across an agreed-upon number of installments.

However, the hook with BNPL and what has made it popular among consumers is that most apps offer interest-free financing, provided you keep up with the scheduled payments. You can use BNPL apps for both online and in-store shopping.

Here’s a quick overview of buy now pay later programs and the apps and retailers that participate.

What Is Buy Now Pay Later?

Buy now pay later is a financial arrangement that lets you make purchases without paying the total amount all at once. With BNPL, you can split payments into equal monthly installments depending on the terms of the BNPL agreement you make with either the retailer or a third-party financer.

Make Your Money Work for You

7 Buy Now Pay Later Apps and Their Participating Retailers

BNPL is a growing trend among retailers. Here are the seven major buy now pay later services you may want to consider.

1. Affirm

The top choice for most shoppers who prefer BNPL financing is Affirm because it does not have any fees, even for late payments. For interest-attached purchases, Affirm charges simple interest, making shopping more affordable. When you buy something from Affirm, you get a clear breakdown of the payment schedule and reminders to help you make responsible financial decisions.

Here are a few major retailers and online stores that accept buy now, pay later through Affirm.

  • Best Buy
  • Adidas
  • Expedia Hotels and Vacation Packages
  • Delta Vacations
  • Neiman Marcus
  • Peloton
  • Pottery Barn
  • Nike
  • Poshmark
  • Purple
  • Saks Fifth Avenue
  • Reverb
  • ThredUP
  • Target
  • The RealReal
  • Walmart
  • Tradesy
  • Therabody
  • NECTAR Sleep

2. Sezzle

Sezzle has partnered with Ally Bank to provide the flexible payment options. You can make larger purchases at select stores without having to make a downpayment.

Make Your Money Work for You

There are numerous merchants and online stores that accept Sezzle, including:

  • Monos
  • Melt Cosmetics
  • Target
  • Umbro Premier
  • Alani Nutrition
  • Brandless
  • Bentley
  • GameStop
  • Jessica Simpson
  • Itzy Ritzy
  • Lamps Plus

3. Afterpay

Afterpay has partnered with over 85,000 merchants, making it ideal for shoppers looking to use BNPL at a wide variety of retailers. You can shop at your preferred store and pay it off over a period of six weeks. Plus, Afterpay charges no interest.

Here are a few online stores and retailers that accept Afterpay BNPL:

  • Forever 21
  • Ulta Beauty
  • MAC Cosmetics
  • Tory Burch
  • Urban Outfitters
  • Anthropologie
  • Dillard’s
  • Bed Bath & Beyond
  • Houzz
  • Finish Line
  • Pier 1

4. Four

Four is a buy now pay later app that allows you to make purchases at different stores and pay over time. There’s no credit check and Four doesn’t charge interest, either.

Here are some of the retailers that accept Four’s BNPL financing:

  • Elastique
  • Fetch Eyewear
  • Hungry Apparel
  • Flyte
  • Lexther
  • 22 Days Nutrition
  • Poly and Bark
  • The Scarf Bar
  • ShadesDaddy
Make Your Money Work for You

5. Klarna

If you are making large purchases, and are looking to pay in installments, Klarna is your top choice. It works with several brands in different categories, including electronics, fashion, beauty, home and more. Klarna’s BNPL program offers a flexible payment option and charges no interest.

Here is the list of top online stores that accept buy now pay later through Klarna:

  • Bed Bath & Beyond
  • Bloomingdale’s
  • GUESS Factory
  • Calvin Klein
  • GameStop
  • Lenovo
  • H&M
  • Journeys
  • Macy’s
  • Lululemon
  • Sephora
  • Tommy Hilfiger
  • Reebok
  • Stila

6. Zip

Zip’s buy now pay later app offers two different introductory interest-free programs: ZipPay and ZipMoney. However, the latter is only interest-free for the first three months. You can use ZIP BNPL at many different online and in-store retailers, including:

  • Amazon
  • Airbnb
  • Bloomingdale’s
  • Famous Footwear
  • Delta
  • Macy’s
  • Instacart
  • Overstock
  • Nike
  • TJ Maxx
  • Nordstrom
  • Walmart
  • Target
  • Ulta Beauty

7. Splitit

If you’re looking for a BNPL app with no credit check, Splitit is your go-to choice. Splitit uses your existing Mastercard and Visa credit cards to help you make purchases, unlike other lending apps which often issue their own cards. With Splitit, you can continue using your existing credit card to make purchases while benefiting from Splitit’s interest-free BNPL program [8].

Here are some of Splitit’s top participating online stores and retailers:

  • Ridepanda
  • Nectar
  • GlassesUSA
  • Outdoor USA
  • Secret Lab
  • Purple
  • Carats and Grams
  • Fenton
  • Matebike
  • Home Inspired

Buy Now, Pay Later vs. Credit Cards

BNPL apps might seem similar to credit cards, but the two payment options are distinct, each having their own benefits and drawbacks. One of the major differences is that credit cards charge interest while BNPL services offer interest-free transactions.

In addition, getting approved for a credit card is not easy because the bank or credit union has to check your credit history and confirm that you meet specific requirements depending on the card you’re applying for. On the other hand, you can often get approved for BNPL services in minutes, sometimes even without a credit check.

Buy Now, Pay Later vs. In-Store Financing

Besides the above BNPL options, some stores offer in-store financing to their customers to pay for their shopping in installments.

Most in-store financing options give you a designated store credit card to help you buy now and pay later over an agreed period. If the repayment period ends and you haven’t completed the payment, you will become liable for interest on the purchase.

While the buy now pay later lending arrangement generally allows you to spread payments across 4 to 5 installments, in-store financing often gives up to 24 months and sometimes longer.

In-store financing makes sense if you make large purchases and would like to spread the payment for a longer period. However, it can get very costly if you can’t keep up with payments.

Final Take

The number of retailers and online stores accepting the buy now pay later financing arrangement is increasing every day. While BNPL is a flexible option, be sure to understand:

  • The number of installments you’ll make
  • The amount of each payment
  • The conditions under which interest may accrue
  • How BNPL loans can affect your credit score

Understanding the conditions of buy now pay later arrangements will help you to take advantage of the flexible payment option while preserving your credit.

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.

About the Author

Lydia Kibet is a freelance writer specializing in personal finance and investing. She's passionate about explaining complex topics in easy-to-understand language. Her work has appeared on GOBankingRates, Investopedia, Business Insider, The Motley Fool and Investor Junkie. She currently writes about investing, banking, insurance, real estate, mortgages, credit cards, loans and more. Connect with her on Twitter or moneycredible.com.

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