Top 5 Apps Like Zip for Buy Now Pay Later in 2022
Apps Like Zip

Top 5 Apps Like Zip for Buy Now Pay Later in 2022

Investobuddies.com – Apps like Zip to Buy Now Pay Later or BNPL services are important installment payment services that allow you to buy things at a lower price and pay the remainder over time.

This means that if you choose this type of payment at point of sale, the cost of the purchased item will be split into 4 or more equal installments.

Zip Pay is a popular BNPL service used by many consumers. The service is divided into two categories: Zip Pay and Zip Money.

Depending on your spending limit, you can choose between these services. That said, if you usually spend less than $1,000, Zip Pay is for you.

Zip Money can be a good choice for those who spend more than $1000. Zip allows you to purchase gift cards and pay bills.

Apps like Zip: The Best Zip Alternative!

All Zip Pay loans are interest-free and payments on the Zip Money plan are interest-free only for the first 3 months of each purchase.

This is a great buy and pay now service, but it may not be right for you. In addition, convenience fees and late fees apply.

So, check out the post below for information on the best zip alternatives!

1. Afterpay – Apps Like Zip

Afterpay is one of the popular BNPL services and the best Apps like Zip. Afterpay is an Australian fintech operating in the UK, USA, Canada and New Zealand.

We work with over 50,000 stores and online retailers to provide an easy and simple buying experience today and pay later. Just select Afterpay as your payment method.

The installment can be repaid every two weeks in installments. All of these installments are interest-free, so you don’t have to worry about paying extra.

Therefore, use it more conveniently when purchasing the products you like. The best part is that it’s easy to sign up for an account.


You must be a resident of the United States and reside in one of the 50 states or the District of Columbia.

  • 18+ (19 in Alabama and Nebraska)
  • You can enter into legally binding contracts.
  • You must have a working email address.
  • You must have a valid mobile phone number.
  • Valid shipping address in the US
  • You must be authorized to make purchases using a credit or debit card issued in the United States.

How does Afterpay work?

When you create an account, you get a small spending limit to get you started. All you have to do is select Afterpay during the checkout process and use that payment method to complete your purchase.

You will then have to pay 25% as a down payment for your purchase and the remaining 75% over the next six weeks.

And since Afterpay doesn’t report your account to credit bureaus, late fees won’t affect your score, and paying on time won’t boost your credit score.

Spending Limits: New accounts typically start with a $50 limit, which increases over time depending on how long you’ve used Afterpay, your purchase price, and your on-time payment.

Payment Terms: Loans are payable in 4 equal installments every 2 weeks with the first payment made upon checkout.

This means your purchase will be split into 4 payments, 25% paid at checkout. And the remaining 75% will be paid equally every 2 weeks over the next 6 weeks.

Payment Methods: Afterpay currently accepts US-issued Mastercard, Visa credit and debit cards.

Interest and Fees: All Afterpay loans are interest-free and there are no hidden fees. However, the only fee charged is a late fee, which is limited to 25% of the original purchase amount and is not cumulative.

Pros Cons
Doesn’t charge any interest on purchases Charges late fees
No credit check is required It doesn’t offer other financial options
You have the ability to change your payment due date


2. Klarna – Apps Like Zip

Next on our list of top apps like Zip Pay is Klarna. We provide online financial services such as online store payments and direct payments through post-purchase payments.

BNPL services give customers credit for purchases as part of the checkout process. This is one of the best services.

Unlike other apps listed in this article, Klarna has partnered with more than 200,000 retailers and merchants so you can make purchases from US or European based retailers that accept debit and credit cards.

You can also enjoy flexible payment schedules and packages!


  • You must be at least 18 years old to use the Klarna payment option.
  • have a positive credit history
  • You must have a valid and verifiable email address and mobile phone number.
  • Not much debt

How does Klarna work?

Download the Klarna app on your device and provide your personal information to create an account.

We then perform a soft credit check, Klarna purchase history, and personal information to determine your spending limit.

Because it does a soft credit check, it doesn’t affect your credit score and doesn’t appear on your credit report.

And when making a purchase, you can choose one of three financial options. Pay in 4 days or pay in 30 days or loan for 6 to 36 months.

You can also view process returns, purchase history, and track shipments.

Spending Limits: Although not specifying predefined credit or spending limits.

It’s important to remember that your spending limits and shopping ability are based on Klarna’s soft credit lookup, information you provide, and your purchase history.

Payment Terms: You can choose one of three financing options when making a purchase. Pay in 4 days or pay in 30 days or loan for 6 to 36 months.

Payment Methods: Currently, Klarna accepts all major debit and credit cards such as Mastercard, Visa, AMEX, Discover, no prepaid cards. Also, AMEX cards cannot be used to create one-time cards.

Interest & Fees:

Loan Type Terms Interest
Pay in 4 Pay four equal installments with due every two weeks Interest Free
Pay in 30 Pay nothing for 30 days and then pay the complete balance Interest Free
Longer Term Loans Pay with a loan up to 36 months 0% – 24%; 19.99% for standard purchases


If you don’t pay on time, you’ll have to pay a late fee of $7 to repay the four loans, and the arrears rating on the long-term loan is $35.

Pros Cons
Different ways to finance purchases Charges late fees
Set price alerts on your saved items Needs soft credit check
Interest free on Pay in 4 financing Sometimes it might report your missed payments to credit bureaus
Create virtual card numbers for other stores


3. Sezzle – Apps Like Zip

Sezzle is a digital payment platform that allows everyone to control their financial future, spend responsibly and achieve financial freedom.

It works as an alternative payment method you can choose at checkout to accept payments with participating retailers.

Partnering with more than 40,000 retailers, you can buy the hottest products in a variety of categories. We also offer a special offer program called Sezzle Up.

Through this program, you can enjoy various benefits such as exclusive use of various stores, and you can also improve your credit rating.


  • You must be at least 18 years old (19 in Alabama).
  • You must have a valid email address and a US or Canadian mobile phone number.
  • You must have a US or Canadian bank account, debit or credit card. Prepaid cards cannot be used for initial purchases.

How does Sezzle work?

As soon as you place your order, an exclusive authorization process will verify your account and determine the type of plan you are eligible for.

And instead of relying solely on a customer’s FICO score for credit risk assessment, Sezzle’s underwriting system evaluates each order individually and considers multiple factors.

These factors include performing soft credit score checks, customer orders through Sezzle, and total purchases.

If you paid for your previous purchases on time, you may be able to purchase a more expensive product.

Spending Limits: The maximum you can borrow through Sezzle is $2,500, but not everyone is authorized for the full $2,500.

However, keep in mind that paying on time and using Sezzle on a regular basis may increase your limit.

Payment Terms: The first installment is paid at the time of purchase and the remaining three are paid periodically over the next six weeks.

Payment method: You can pay by debit card, credit card or bank account.

Interest and Fees: Sezzle does not charge interest or hidden fees. However, the only fee they charge is a base payment fee of $10 or a rescheduling fee.

The rescheduling fee means you will have to pay an additional $5 per order if you wish to reschedule the payment date more than once.

Pros Cons
No interest on purchases Needs 25% down payment upon buying
Ability to reschedule following payments Every extra reschedule is $5
First reschedule is completely free


4. Affirm – Apps Like Zip

Affirm is apps like zip that serves as an installment loan finance loan that customers can use to finance their point-of-sale purchases.

Unlike credit cards, Affirm loans have a fixed payment schedule that you can view before completing each purchase.

Its main goal is to help users control their finances by providing premium and customer-oriented services.

In addition, we will notify you by text or email in advance so that you do not miss the payment. And even if they charge interest, some retailers charge as low as 0% on purchases.


  • You must be 18 years of age or older (19 years of age or older for Alabama and Nebraska).
  • You must have a valid US home address or APO/FPO/DPO.
  • A valid US mobile phone or VoIP number that accepts SMS texting.
  • Provide your full name, email address, and date of birth
  • Enter the last 4 digits of your resident registration number to verify your identity.

How does Affirm work?

When you open an account with Affirm, you must meet a few requirements to get the maximum amount of your purchase.

Enter the authorization code you received into your phone and it will tell you the amount of the loan you’ve been approved for, the loan repayment period, and the interest rate.

And whenever you want to buy something, the transaction requires approval from Affirm. At checkout, you’ll see a selection of payment options based on your budget.

You can choose the payment schedule that suits you and then check the loan.

Spending Limit: In most cases, the maximum you can access via verification is $17,000.

Spending limits are based on your payment history, Affirm’s credit history, and the length of your Affirm account.

However, your line of credit can be increased by a number of factors, such as how you manage your existing loans, pay your bills on time, and reduce your debt balance.

Payment terms: You can repay the loan in installments of up to 3 or 6 or 12 months of the purchase amount. You can also pay off your loan early with no upfront penalties.

Payment method: You can pay by debit card or bank transfer. Prepayment and installment payments are possible by credit card for some purchases. You can also make a payment by creating a payment page.

Interest and Fees: Interest rates are based on the retailer you shop at and in some cases your personal credit history.

Interest rates can range from 10% to 30%, but you can also find some retailers with only 0% financing.

We also charge no fees for loans or account opening, and no upfront fees, late fees, service fees or hidden fees.

Pros Cons
No late fees or prepayment fees Requires a soft credit check
Interests can be as low as 0% Interests can range from 10% to 30%
Credit limit can be increased based on your credit history


5. Zebit – Apps Like Zip

Zebit is an easy way to split item payments and pay for 6 months at 0% annual interest rate. This is one of the best apps like Zip which gives you the opportunity to browse the site and use your credit account.

You can find a variety of products in popular categories such as home appliances, home décor, and furniture.

They offer two products: Zebit Market and ZebitLine. Zebit Market is a place where you can purchase products completely interest-free. ZebitLine is the amount of credit required to finance your product.


  • Age Must 18+
  • You must have a valid email address.
  • You must have a valid, verifiable US mobile phone number.
  • We can verify your identity and occupation or income.

How does Zebit work?

To get started with Zebit, you need to fill out the application form and wait for approval. We verify your identity to verify your loan eligibility.

Zebit Market allows you to purchase products completely without interest, and you must finance these products through ZebitLine.

More importantly, ZebitLine is only valid for your current employer, so you cannot leave your employer because ZebitLine is ending.

Spending Limits: The maximum amount you can access through Zebit is $2,500.

Payment Terms: A down payment is required at the time of purchase and the balance over the next 6 months.

Payment methods: Zebit accepts credit and debit cards.

Interest and Fees: No interest, late fees, application fees, or dues.

Pros Cons
No late fees or any hidden fees No return policy
Interest free Few products can be overpriced
It won’t affect your credit score


Shopping Tips

Because there are so many BNPL applications, it can be difficult to choose the perfect service when purchasing goods and services. But sometimes we overlook a few things.

So here’s a little guide on how to choose the perfect best buy, service later.

Credit Rating: If you have a bad credit rating, choosing a BNPL service that does not check your credit rating may be the best option.

Build your credit score: To improve your credit score and get a good credit score, we recommend using an app that reports on-time payments to major credit bureaus.

Multiple Retailers: You can partner with multiple retailers and discover apps that are accepted across multiple stores. This prevents you from opening multiple accounts in other apps.

Credit limit: Spending or credit limits vary from company to company. So, look for an app that allows you to easily complete transactions based on the amount of your purchase.

Cost: Cost plays an important role in choosing the perfect buy now, pay later service. Therefore, do not ignore the fees or interest that these services may incur. Also, check to see if you will be charged for late and early payments.

BNPL vs Credit Card

BNPL services are rapidly growing as an excellent alternative to credit cards. However, the availability of BNPL services does not mean that you can purchase everything you want indefinitely.

Similar to BNPL loans, credit cards are also accepted at retail outlets. However, many fees are charged, such as annual fee, balance transfer fee, cash withdrawal fee, overseas transaction fee, and overdue fee.

Here are some pros and cons to help you understand why you should and shouldn’t use this service.

Buy Now Pay Later

Pros Cons
You can apply online and get approved almost immediately Payment plans are not always interest-free
Pay off purchases in installments, usually interest-free Not all sellers accept buy now pay later services
Get approved without a hard credit check that can lower your credit score Missing a payment or late payments can hurt your credit score
Choose a payment frequency that perfectly fits with your budget Since you don’t have to pay in full right away, it is easy to overspend

Credit Card

Pros Cons
Can be used at a wide range of retailers and for other purposes If you carry a balance from month to month, interest charges can add up quickly
Potential to earn cashback, miles, or point on purchases Late payments could damage your credit score
Pay off purchases overtime at your own pace, without fixed installment payments A hard credit check it usually required to qualify
Cards might offer other perks like rental car and travel insurance Credit cards can change several fees that will be added up to your overall cost


Finally, it depends entirely on the kind of flexibility you need to raise funds and the cost of the option.