Afterpay vs Quadpay vs Klarna vs Sezzle: Grand Comparison!

Afterpay vs Quadpay vs Klarna vs Sezzle

Afterpay vs Quadpay vs Klarna vs Sezzle – Installment plans with services like Afterpay, Quadpay, Klarna, and Sezzle have become popular in recent years. 

You may have heard of many payment solutions popping up everywhere recently. Therefore, you might be wondering, is there any good reason for the popularity? 

And whether this payment method is worth trying or not? Or is this safe? In this article, we will examine Afterpay, Quadpay, Klarna, and Sezzle, covering everything from comparing, features, pros, and cons so that you can make a choice.

Afterpay vs Quadpay vs Klarna vs Sezzle: What are they?

Buy Now Pay Later (BNPL) services make it easy to shop, whether online shopping or in-store shopping, without the fees associated with credit cards. It is the fastest and most convenient form of financing, and the registration is pretty simple and straightforward.



It is a buy now and pay later instant lender, which divides your total purchase amount into four weekly payments. 

It allows its users to shop at places they like and get things they want or require, all while helping them stay within a budget. 

So, basically, it is a budgeting tool and not a credit card or loan service. One of the most important features of Afterpay is its non-credit-based approval process which gives a huge advantage over traditional credit cards. 

It doesn’t charge any interest or upfront fees, and you won’t be penalized for reaching your maximum limit.

Afterpay’s requirement is, your order must be more than $35. Also, you have to be over 18 and have a credit or debit card to qualify. 

You are also supposed to make a free account online through its application if you use it in stores and give your payment information and other information like your phone number and email address.

How does Afterpay work?

It allows retailers to offer installment plans for online purchasers and allowing a purchase to be paid in for installment for every two weeks. 

First-time users are supposed to provide information such as their phone number and email address. 

Whereas, usual shoppers may simply log in to make their purchase.

They’ll consider a different number of factors before approving any order, for example, if you have been an Afterpay shopper for a long time and if you have successfully repaid all your orders, you are more likely to be able to spend more. 

They’ll also consider whether there are sufficient funds on your card or not, how long you have been using Afterpay, and the amount you have to repay. 

The value of the order you’re trying to place amy help to reduce the value of your shopping cart.

Afterpay Key Features

  • Interface is easy to use.
  • You can be able to see the various orders you have and how much you’re approved for or have left in your dashboard.
  • You’ll be able to purchase new inventory without paying the full total at once.
  • It divides your total purchase amount into four weekly payments.
  • It allows customers to get their products immediately.


  • User-friendly
  • You can shop even when cash flow is less.


  • No online customer service feature
  • Refund and return process is quite tedious



Quadpay is also a “Buy now and Pay later” platform that provides savvy shoppers more flexibility and freedom to pay later anywhere. 

Customers can split their purchase into four installments for over six weeks. In return, Quadpay’s partner merchants enjoy higher AOV and conversion, immediate payment, and more repeat purchases.

Quadpay’s main goal is to empower modern consumers with transparent, simple, and financially responsible payment tools. 

Their ultimate goal is to create a place where everyone can access the things they need, require, and want from life. 

Along with Zip Co., it serves over 4.5 million customers and 30,000 merchants, with $3 billion in annual payment globally.

How does Quadpay work?

To get access for a Quadpay account, you should meet a few basic requirements such as you should live in the U.S., you must be at least 18 years old, have a valid and authentic mobile number, and must have a U.S. issued debit or credit card.

You can be able to pay off the larger purchases over six weeks with just twenty-five percentage down and no interest.

Remember that Quadpay doesn’t pull your credit report when you make a purchase request; in this way, you won’t be dinged for a hard inquiry. Furthermore, always pay on time to avoid late payment fees.

Quadpay Key Features:

  • Easy to integrate.
  • This payment platform is seamless and integrates easily into your system.
  • It allows customers to increase AOV without damaging their purchasing power down the road.
  • It has the ability to allow customers to buy more today, and merchants get their earnings faster.
  • You can pay installments ahead of time or pay multiple installments at once, at no extra cost.


  • Easy to use
  • User-friendly and straightforward
  • No extra costs or penalties as long as you pay on time


  • It has only one payment plan.
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Klarna is a multi-payment solution that offers a unique payment and offers various payment plans, which can be incredibly valuable for shoppers looking to pay off huge purchases.

It also allows shoppers to pay off their purchases in four installments for no interest, delay purchase payments for 30 days, or apply for thirty-six-month financing plans with competitive interest rates.

However, these offerings vary according to the merchants, but it doesn’t matter which of these payments plans is available, they all provide a new level of flexibility to online shopping.

Furthermore, it allows users to purchase with any online retailer and take advantage of an interest-free installment plan, further allowing users to test products without worrying about the cost upfront.

Klarna is available in more countries than Afterpay, available in U.S., U.K., Denmark, Australia, Austria, Belgium, Finland, Germany, Norway, Sweden, Switzerland. Afterpay, on the other hand, is available in Australia, United States, United Kingdom, and New Zealand, and Quadpay is only available in the United States.

How does Klarna work?

Klarna allows you to pay in four equal installments for every two weeks. These installments are interest-free, but the company charges a late if the payment is unsuccessful after two tries.

However, there will be no penalty for early payment or paying off your balance in full before the final due date.

Klarna Features

  •  It offers a fee for different types of payment solutions with their own functionality.
  • It is partnered with several online retailers, each offering one or more of three klarna solutions.
  • It allows customers to shop with any of the online retailers they think they can pay with an installment plan.
  • Every Klarna plan is approved on a case-by-case basis, and you’ll get a spending limit based on various criteria, such as your Klarna account and your purchase history.


  • It accepts Discover Cards and American Express
  • Can pay any major purchases over time by purchasing through the Klarna application


  • Can’t customize your payment due dates
  • Pay-later payment options are limited



It is a public-benefit corporation that is on a mission to empower the next generation financially.

It is easy to integrate with any website and provides a great choice for customers who want an alternative payment method for their purchase that doesn’t involve credit.

It enables millions of customers across Canada and United States to control their spending, be more responsible, and have access to financial freedom.

Furthermore, It is serving more than 29,000 merchants with over 2.4 million shoppers. Sezzle is the financially responsible solution to “Buy now and pay later.”

It lets shoppers to make their purchase today with four payments over the following 6 weeks with interest-free. Likewise, it also offers customers the option to reschedule their payment once for free, and the max fee for late payment is $10.

How does Sezzle work?

After you make an order through Sezzle, their unique approval system will review your account to determine what sort of repayment plan they can offer.

As long as you pay your installments on time, there will be no fees.

When you place an order, Sezzle will pay the merchant in full for the order immediately, in this way merchant will have their funds and is able to process your order.

Sezzle Features:

  • The interface is easy to use.
  • You can be able to add graphics to your email marketing content, Social media, website, and many more.
  • It allows you to withdraw your funds after on business day, unlike any other competitors.
  • It verifies customer data, which heavily reduces the merchant’s fraud chances, thus making it impossible for a fraud transaction to take place.
  • They provide several ads and pages to link to your store to advertise acceptance of Sezzle payments for account holders.


  • Easy to use.
  • Easy installation
  • Good customer service


  • No significant cons
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Summary: Afterpay vs Quadpay vs Klarna vs Sezzle

Repayment Six weeks/ Eight weeks Six weeks Six weeks Six weeks
Type In-store/ Online store In-store/ Online store online In-store/ Online store
Platform SaaS, iPhone, iPad, Android SaaS SaaS, iPhone, iPad, Android SaaS
Installment payment and Payment processing Only installment payment  Yes Yes Only installment payment 
Integrations Spree Commerce, Adyen, BigCommerce, Ecwid and other  integrations Salesforce, Shopify, WooCommerce, Magento, BigCOmmerce, Oracle Commerce, Workarea Spree Commerce, Billbee, Centra, Checkout X, Consignor, Craft CMS, Desktop.com, and other integrations CommentSold, Shopify, WooCommerce, Magneto, BigCommerce, 3dcart, CyberSource, Salesforce Commerce Cloud
PAY IN 4 Pay in four installments for every two weeks   First installment and your balance divided by four 0 interest Up to $7
PAY IN 30 Pay full balance after 30-days   $0 0 interest None, only if you make the full payment
PAY NOW Pay with your credit or debit cars via Klarna app   Full balance 0 interest N/A
FINANCING Pay from 6-36 months   $0 0%-9.99%; 19.99% for standard purchase Up to $35

Bottom line

I hope the above article on Afterpay vs Quadpay vs Klarna vs Sezzle comparison has helped you pick the best option based on your needs and requirements.

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