Klarna Pay Later lets shoppers defer purchases while merchants offer flexible checkout financing.
Klarna Pay Later lets merchants offer deferred payment options that allow shoppers to receive goods before paying or to split checkout payments. It is part of Klarna's broader merchant payment solutions.
The service competes with PayPal Pay Later in buy-now-pay-later checkout, where merchants compare consumer adoption, payment terms, risk handling, fees, and conversion impact.
Block
Afterpay
block.xyz
Zilch
Buy Now Pay Later
zilch.com
Airfordable
Flight Installment Plans
airfordable.com
PayPal
PayPal Pay Later, Point-of-Sale Financing
paypal.com
| Attribute | Klarna Pay Later | Afterpay | Buy Now Pay Later | Flight Installment Plans | PayPal Pay Later, Point-of-Sale Financing | |
|---|---|---|---|---|---|---|
| Provider |  | | | | | |
| Founded | 2005 | 2009 | 2018 | 2015 | 1998 | |
| Sells To | Enterprises, Individuals | Individuals, SMB | Consumer | Consumers | Enterprises | |
| Pricing Model | Transactional Commission | Transactional Commission | Transactional Commission | Transactional | Transactional Commission | |
| Ownership | Public | Public | Venture-backed | Venture-backed | Public |
Provider
Founded 2005
Sells To Enterprises, Individuals
Pricing Model Transactional Commission
Ownership Public
Provider
Founded 2009
Sells To Individuals, SMB
Pricing Model Transactional Commission
Ownership Public
Founded 2018
Sells To Consumer
Pricing Model Transactional Commission
Ownership Venture-backed
Provider
Founded 2015
Sells To Consumers
Pricing Model Transactional
Ownership Venture-backed
Provider
Founded 1998
Sells To Enterprises
Pricing Model Transactional Commission
Ownership Public
Afterpay Pay Over Time lets shoppers split purchases into interest-free Pay in 4 installments or longer monthly plans.
Affirm Pay Over Time lets shoppers split purchases into interest-free Pay in 4 payments or monthly plans.
Embedded B2B buy-now-pay-later financing that lets approved buyers defer payment while merchants are paid upfront.
Afterpay for Business lets merchants accept Pay in 4 and monthly installments online, in-store, and in-app.
PayPal Checkout lets merchants add PayPal, cards, and wallet payments to online checkout.
Affirm for Merchants lets retailers offer flexible pay-over-time options that lift conversion and order values.
Sezzle Pay in 4 lets shoppers split purchases into flexible Pay in 4, Pay in 5, or monthly plans.
Zip Pay in 4 lets shoppers split purchases into four installments over six weeks online and in-store.
Business bill-payment financing feature that pays vendors upfront while customers repay over time.
Sezzle for Merchants lets retailers offer flexible installment options online and in-store to drive incremental sales.
Afterpay Pay Over Time lets shoppers split purchases into interest-free Pay in 4 installments or longer monthly plans.
Affirm Pay Over Time lets shoppers split purchases into interest-free Pay in 4 payments or monthly plans.
Embedded B2B buy-now-pay-later financing that lets approved buyers defer payment while merchants are paid upfront.
Afterpay for Business lets merchants accept Pay in 4 and monthly installments online, in-store, and in-app.
PayPal Checkout lets merchants add PayPal, cards, and wallet payments to online checkout.
Affirm for Merchants lets retailers offer flexible pay-over-time options that lift conversion and order values.
Sezzle Pay in 4 lets shoppers split purchases into flexible Pay in 4, Pay in 5, or monthly plans.
Zip Pay in 4 lets shoppers split purchases into four installments over six weeks online and in-store.
Business bill-payment financing feature that pays vendors upfront while customers repay over time.
Sezzle for Merchants lets retailers offer flexible installment options online and in-store to drive incremental sales.
