Payment Solution Comparison: Splitit, Klarna, Affirm, and Afterpay
Consumers and merchants now have a wide range of options in offering installment payment options (also known as alternative financing). There are two main categories within this space. The majority of providers allow shoppers to apply for additional credit at the time of purchase. They differ in how they approve and then provide the underlying financing, as well as in the payment terms that are offered. Splitit serves as an alternative option. It uses available credit on the shopper’s Visa, MasterCard or UnionPay cards. Shoppers do not need to apply for additional credit and can check out seamlessly online or in-store by selecting Splitit as a payment option. Among the application and approval providers, Klarna... Continue ...