What is Klarna and how is it different from other Buy Now Pay Later services?

Klarna is a buy now, pay later (BNPL) service that can be used at almost any retailer, even outside the company’s partner network. You can use Klarna to pay for your shopping in four equal interest-free instalments, but late fees may apply if you fall behind your repayment schedule

Pay It Later: What is it and how does it work?

Pay It Later works like any other buy now, pay later (BNPL) service, allowing you to purchase items up to your approved credit limit (capped at a maximum of $1,000) and pay for them in four weekly instalments. What sets Pay It Later apart is the P2P option on the Pay It Later app that can be used to buy second-hand items from independent sellers online. 

Should I invest in buy now, pay later companies?

The Australian buy now, pay later (BNPL) market is attracting international attention and becoming highly competitive, but it may still be a good investment.

Pros and cons of the Buy Now, Pay Later for businesses

A buy now, pay later service could potentially help boost sales for retailers and B2B suppliers, but there are costs to pay. Discover more about buy now, pay later platforms for your business.

The pros and cons of using buy now pay later

A BNPL platform could help you better plan your finances through staggered payment plans, but you could be hit by late payment fees if you’re not careful.

Promoted buy now pay later products

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Afterpay

Afterpay

    Instalment Plan/Frequency

    4 / Fortnightly

    Maximum Credit

    $2k

    Promoted

    Laybuy

    Laybuy

      Instalment Plan/Frequency

      6 / Weekly

      Maximum Credit

      $1.2k

      Promoted

      PayItLater

      PayItLater

        Instalment Plan/Frequency

        4 / Weekly

        Maximum Credit

        $1k

        Promoted

        Klarna

        Klarna

          Instalment Plan/Frequency

          4 / Fortnightly

          Maximum Credit

          $1k