Best Buy Now, Pay Later Providers

Wisetack

BNPL Network

B+

Wisetack is a San Francisco company, founded in 2018, that lets service businesses offer their customers monthly payments on jobs such as an HVAC replacement, a roof, a transmission repair or a dental treatment plan. It is not the lender. The loans come from its bank partners, which its lending-partners page listed in September 2026 as Hatch Bank, U.S. Bank and Happen Bank, the new name since June 2026 of LendingClub Bank. Wisetack runs the application, the offers and the merchant relationship, and the business signs Wisetack's merchant agreement. For home-services businesses the merchant cost is published and simple: a flat 3.9% of the financed amount, with no setup or subscription fee, unless the business opts into extended 0% APR plans, which cost 4.9%, 6.9% or 9.9% when a customer picks one of those offers. Customers see offers from 0% to 35.9% APR on terms of 3 to 120 months, on jobs from $500 to $65,000 in home services and up to $15,000 in auto, dental, medical and veterinary. The business is paid by ACH once the customer confirms the work is done, landing in 1 to 3 business days. Wisetack is built into Housecall Pro, Jobber and, by its own count, more than 30 other field-service platforms. Consumer ratings are split: 4.8 out of 5 from 936 Trustpilot reviews on a profile where Wisetack invites customers to review, against 1.23 out of 5 from 31 BBB reviews and 25 BBB complaints in three years.

Zip

BNPL Network

B

Zip is the US buy-now-pay-later network formerly known as Quadpay, owned by the ASX-listed Zip Co Limited. Zip Co was founded in Sydney in 2013 by Larry Diamond and Peter Gray and listed on the Australian Securities Exchange in 2015; the American business it now trades under is Quadpay, a New York company incorporated in August 2017 and bought by Zip in a deal announced in June 2020, approved by shareholders on 31 August 2020 and completed that September. For a merchant the offer is the familiar BNPL trade: let shoppers split a purchase into four instalments over six weeks, get paid up front, and hand the credit and non-payment risk to Zip. What separates Zip from the rest of the category is that it prints a price, and a settlement window to go with it. Its Standard plan is published on its own site at 5.9% plus 30 cents per transaction with no monthly or annual fee, where Afterpay, Klarna and most of the field quote nothing at all and negotiate every deal in private. It also publishes what most of the category will not: that it settles the merchant in full, minus its fees, within two to three business days, and where chargeback liability sits. That 5.9% is nonetheless the highest published headline rate in mainstream BNPL, and Zip's own FAQ confirms it is a floor rather than a ceiling. The parent is now solidly profitable — FY26, the year to 30 June 2026, brought A$16.7 billion of transaction volume, A$1.336 billion of revenue and A$116.4 million of statutory profit, with the US arm growing revenue more than 42% in local currency — but it has also exited Singapore, the United Kingdom and, in August 2026, New Zealand, and in May 2026 lost a unanimous High Court trade mark case in its home market — a loss it settled eight days later by acquiring the disputed mark from Firstmac, avoiding the rebrand the judgment otherwise required and taking on no further damages liability.

Scalapay

BNPL Network

B

Scalapay is a buy now, pay later provider founded in 2019 and run from Milan, with an Irish-registered parent company, Scalapay Limited. Its payment services are provided by Scalapay IP S.p.A., an Italian payment institution supervised by the Bank of Italy, which Scalapay acquired as Cabel IP in March 2023. Shoppers split a purchase into three or four monthly payments, or pay later, online or in store. The merchant is paid the full order value less Scalapay's fee, and Scalapay carries the risk that the shopper does not pay. In July 2026 Scalapay said it had more than 13 million users and over 12,000 brand partners, and named Italy, France, Spain, Belgium and Portugal as its markets. Scalapay does not publish each merchant's rate, but its regulated merchant information sheet (version 8, updated 15 June 2026) caps the fee at 10% of the order plus €1.00 per transaction. The agreement has no fixed term, and either side can leave free of charge on 30 days' notice. Scalapay only takes payments in euros and only signs businesses registered in the EU countries it lists, so it is not an option for a US business selling to US shoppers.

Sunbit

BNPL Network

B

Sunbit is a Los Angeles financing company, founded in 2016, that puts pay-over-time options at the counter of everyday service businesses rather than at an online checkout. Its natural habitat is the unplanned bill: a $1,400 transmission repair, a root canal, a dog that swallowed something it should not have. The technology and the servicing are Sunbit's; the credit itself is not. Loans and the Sunbit Card are issued by Transportation Alliance Bank, trading as TAB Bank, which is the lender of record. Merchants are told customers can finance totals from $60 to $20,000, that roughly 90% of applicants are approved, and that the application takes about thirty seconds at the point of service. Sunbit's own pages variously describe a network of over 30,000 and over 40,000 locations, concentrated in dentistry, auto service, veterinary care, optical, powersports and general healthcare. The consumer record is unusually good for this category — 4.7 out of 5 across 3,977 Trustpilot reviews and an A+ BBB rating, accredited since 2020 — and Sunbit says it has now made the Forbes Fintech 50 three years running and the Inc. 5000 five. What it does not do is publish what it charges the merchant.

Pricing clarity

1.5

Feature set

3.5

Ease of use

4.5

Afterpay

BNPL Network

B

Afterpay is the buy-now-pay-later network founded in Sydney in October 2014 by Nick Molnar and Anthony Eisen, and owned since January 2022 by Block, Inc. — the deal was announced in August 2021 at a headline US$29 billion and completed on far less, reported at roughly US$14 billion in Class A shares, because Block's own share price had fallen in the interim. For a merchant, the proposition is straightforward: offer shoppers four interest-free instalments over six weeks, or a monthly plan over six or twelve months, get paid up front rather than waiting for the customer to finish paying, and let Afterpay carry the fraud and non-payment risk. In exchange the merchant pays a commission Afterpay does not publish — third-party reviewers consistently report a range around 4% to 6% plus roughly $0.30 per transaction, several times the cost of taking the same sale on a card. Afterpay's own merchant marketing claims a 58% increase in average order value among accepting merchants and $8.6 billion of incremental US sales delivered over the preceding twelve months. Under Block, the product has increasingly become a Cash App feature rather than a standalone checkout button: Afterpay Post-Purchase and, from 2026, Afterpay Pre-Purchase let Cash App Card holders convert everyday card spend into instalments at any merchant, whether or not that merchant has ever signed an Afterpay agreement.

Klarna

BNPL Network

B

Klarna is a Swedish-founded, UK-parented digital bank and flexible payments provider that listed on the New York Stock Exchange in September 2025. Its full year 2025 results put it at $127.9 billion of gross merchandise volume, $3.5 billion of revenue, 118 million active consumers and 966,000 merchants. For a retailer it is not a merchant account — it is an additional payment method that sits alongside card acceptance, sold on the promise of higher conversion and larger baskets, and priced far above card interchange. Klarna publishes no US rate card, its dispute process runs on its own rules rather than the card networks', and it is defending a securities class action filed after its IPO.

Pricing clarity

1.5

Feature set

4.5

Ease of use

4.0

Tamara

BNPL Network

B-

Tamara is a buy now, pay later provider based in Riyadh. It serves businesses in Saudi Arabia and the UAE, and holds a licence in Bahrain. Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Al Babtain founded it in 2020. Shoppers can pay in full, split a purchase into three or four interest-free payments, or take longer plans of up to 24 months that may carry a profit charge. The merchant is paid the full order value less Tamara's fee, and Tamara takes the shopper's credit and fraud risk on approved orders. In August 2026 Tamara reported more than 25 million customers and over 130,000 partner merchants. The Saudi Central Bank (SAMA) licensed its Saudi company, Tamara Finance, for consumer finance and buy now, pay later in early 2025 (the licence is dated February and SAMA announced it in March). That company's audited 2025 accounts show a net profit of SAR 193 million, after a loss in 2024. Tamara does not publish its merchant rates. Each merchant's fixed and variable fee is set in its onboarding form. Payouts go out weekly on Tuesdays. According to Tamara's merchant help docs, on the default plan they wait until your balance reaches SAR/AED 2,500, and on the weekly plan a payout under that amount costs SAR/AED 25. The published Merchant Terms let Tamara hold up to 75% of each weekly payout and release it monthly, raise fees on 10 days' notice, and end the agreement for any reason it deems necessary. Either side can leave on 60 days' notice.

Tabby

BNPL Network

B-

Tabby is a buy now, pay later provider for businesses in Saudi Arabia and the UAE. Hosam Arab and Daniil Barkalov founded it in Dubai in 2019, and it is now headquartered in Riyadh. Shoppers split a purchase into four interest-free monthly payments, or into 6, 8 or 12 payments for bigger baskets. The merchant is paid the full amount less Tabby's fee and does not carry the shopper's credit or fraud risk. Tabby says it has been profitable since 2023. In its September 2026 funding announcement ($233 million at a $6.5 billion valuation, led by Blue Pool Capital and still subject to regulatory approval), it reported more than $18 billion in annualised transaction volume, 25 million registered users and 70,000 business partners. The Saudi Central Bank licensed Tabby Finance as a buy now, pay later company in November 2025 and granted it consumer and SME finance licences in June 2026. In the UAE, its Pay Later credit is provided by Tabby LLC and its Tabby Cash wallet runs under a Central Bank of the UAE Stored Value Facilities licence. Tabby publishes how its pricing works but not the rates. Each merchant gets a percentage commission set by industry and business profile, plus a fixed fee per successful order, both written into its contract. Payouts go out weekly on Mondays, with a payout fee of AED/SAR 6, or AED/SAR 25 on payouts under 2,500. The published UAE Merchant Terms (v2.0.0, 17 July 2026) let Tabby impose a reserve held for 180 days or longer and withhold settlements. Either side can walk away on 30 days' notice.

Splitit

BNPL Network

B-

Splitit is an Atlanta-headquartered installment provider that works differently from every other name in buy-now-pay-later. There is no loan, no application and no new account: the shopper pays with a credit card they already hold, Splitit places an authorization on the card for the full purchase amount, and the balance is charged down in monthly or bi-weekly instalments against that same card's existing credit line. Because no credit is being extended, nobody is declined for credit — Splitit advertises approval above 85% against 30–40% for conventional BNPL, and an average order value above $1,000 against roughly $250. The company began life as PayItSimple, rebranded in 2015, listed on the Australian Securities Exchange, then took a $50m investment commitment from Motive Partners, delisted from the ASX and went private in December 2023. It is led by chief executive Nandan Sheth and registered in the United States as Splitit USA Inc., NMLS #2314339. Merchant pricing is quoted rather than published, across four plan tiers whose consumer APR ranges from 0% to 35.99% depending on which side absorbs the cost.

Pricing clarity

2.0

Feature set

3.5

Ease of use

3.5

Sezzle

BNPL Network

B-

Sezzle is a Minneapolis buy-now-pay-later provider founded in 2016; Charlie Youakim, Paul Paradis and Killian Brackey are the co-founders named most consistently, though accounts of the full founding team differ. It began as a next-business-day ACH product and pivoted to instalments in 2017, listed on the Australian Securities Exchange on 30 July 2019, began trading on Nasdaq as SEZL on 17 August 2023 and left the ASX in January 2024. For the quarter ended 30 June 2026 it reported gross merchandise volume of $1.3 billion, up 37.9% year on year, total revenue of $149.7 million, up 51.7%, and net income of $40.8 million. For a merchant the bargain is the standard BNPL one but unusually cleanly stated: the shopper pays Sezzle a down payment, Sezzle pays you the full order value less your merchant rate, and Sezzle then carries both the fraud risk and the repayment risk for the six weeks that follow. What Sezzle does not do is tell you what that costs. There is no published merchant rate anywhere on its site — the fee is in the agreement you sign — and there are three separate ancillary charges most merchants only meet after signing.

Affirm

BNPL Network

B-

Affirm is a buy-now-pay-later provider founded in 2012 by Max Levchin, Nathan Gettings, Jeffrey Kaditz and Alex Rampell, headquartered at 221 Main Street in San Francisco and listed on Nasdaq as AFRM since January 2021. For the fiscal year ended 30 June 2026 it reported $50.2 billion of gross merchandise volume, up 37%, across approximately 571,000 active merchants and 27.8 million active consumers. Merchants integrate Affirm as a checkout option, Affirm underwrites and funds the consumer, and the merchant is paid in full up front minus a fee. Two things make it materially different from card acceptance: Affirm bears the consumer fraud risk on transactions it approves, and the merchant fee is several times a card rate — third-party surveys of mid-market merchants report 2% to 8%, while Affirm's own filings put blended merchant network revenue at 2.3% of GMV in FY2026. Its BBB profile is A+ and accredited; its consumer Trustpilot score is 1.7 across roughly 7,700 reviews.