ECommerce

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

Affirm is recognized as an industry leader in the U.S. with an innovative approach to making credit approval decisions using both a soft check of the borrower’s credit score and factors such as machine learning and the borrower’s social media activity to return approval within seconds. For th

Klarna is a leading and globally recognized player in the consumer financing space. It has achieved wide name recognition through ongoing marketing efforts since it was founded in 2005. Unlike most alternative financing providers, it is a regulated banking company headquartered in Sweden with an

Both Affirm and Afterpay offer alternative financing options to consumers who wish to make a purchase in installments. At the time of purchase, shoppers choose them as installment options, and then apply for financing. Affirm is recognized as an industry leader with an innovative approach to maki