What’s the difference between Klarna and Quadpay for in-store and online shopping?

With inflation and prices on top of the mountain, it can cost a lot to buy the things you need. Putting money into something bigger is even harder if you have to pay for it all at once. No, not right now! Here, we’ll compare Klarna and Quadpay. Both offer easy-to-use payment plans for customers who want to buy things on credit.

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Klarna gives you three ways to pay: 4 Interest-Free Payments, Extra 30 days to pay, and Offer up to 36 days to pay. Quadpay, on the other hand, only gives you one way to pay: 4 Interest-Free Payments. Klarna also charges a late fee of between $7 and $35 if you don’t pay on time. Quadpay, on the other hand, charges a fee of either $5, $7, or $7.

Klarna Vs Quadpay

Economic downturns affect the customers’ ability to buy things and, in the end, the profits of the businesses. A new payment plan called “Buy Now, Pay Later” helps with both problems. It lets buyers pay for their purchases in several installments, depending on the company’s rules.

With this type of sale financing, the buyers don’t even have to pay the whole amount at once. It also protects the retailers and third-party providers, since the buyers’ next statements will show that they haven’t paid yet.

Many platforms do little or no credit checks at all, while others do a strict credit check to learn about the customer’s financial history.

This helps them keep track of any payments they still need to make or late payments that could hurt their credit score in the long run.

On the other hand, there are a number of places that offer Point-of-Sale loans to help you pay for large purchases in installments. It is also a financing plan that lets customers pay over time. When they check out, they can choose one of the different payment plans. Here’s a quick summary of the difference between Klarna and Quadpay.

Klarna Quadpay
0% APR 0% APR
Multiple Payment Options One payment option
Does not accept prepaid cards Accepts US credit and debit cards
No prepayment fees No prepayment fees
Supported on SaaS, iPhone, iPad, Android Supported on SaaS
Six weeks repayment Six weeks repayment
0% – 9.99 %; 19.99% for standard purchase Financing of $0

Several businesses offer these kinds of loans so that their customers don’t have to make big payments all at once. We will talk about two big ways that the lease-to-own option can help you: Klarna Vs Quadpay.


Klarna’s flexible payment plans and partnerships with many retailers in a wide range of product categories make shopping as easy as possible for users. Klarna was started in 2005 in Stockholm, Sweden. In 2014, Klarna Group was made.

It is number one in more than 100 countries around the world, such as Germany, the United States, Sweden, the United Kingdom, and many others.

It quickly became the most reliable and promising place to buy things, and its high-quality services made it the first choice of 15 million US customers. The growth was so fast that every day, 2 million transactions took place on the Klarna platform.

Sephora, The North Face, Adidas, H&M, Timberland, rue21, Toms, Good American, and many more of the world’s best-known brands accept Klarna as a payment method.

What are Klarna’s payment plans?

Klarna has three major payment plans that make it easy for customers to shop in stores and online for the things they love. Here are the payment plans:

No of payments 4
Time between payments 2 weeks
APR 0% to no interest
Klarna seller protection Included
Market availability United states and United Kingdom
Maximum payment delay 3 business days after order shipment
The standard term of the agreement 36 months


No of payments 1 payment only
Time between payments 30 days
APR 0% to no interest
Klarna seller protection Included
Market availability US, DE, UK, FI, DK, SE, NL, NO
Maximum payment delay 3 business days after order shipment
The standard term of the agreement 36 months


No of payments 3+ payments
Time between payments 1 month
APR 0% to 29.99% interest
Klarna seller protection Included
Market availability US, UK, NO, FI, DE, AT, SE
Maximum payment delay 3 business days after order shipment
Standard term of agreement 36 months

Klarna charges a late fee if you don’t pay on time. Depending on the loan terms, the late fee can be anywhere from $7 to $35.

Buying in-store with Klarna’s Payment Plans

With the digital card, you can use Klarna’s payment plans in stores. Klarna gives you options for how to pay.

Making a Card: Make your digital card on the app and add it to your Apple or Google wallet.

Tap to Pay: Offers a safe way to pay without touching anything.

After a purchase, customers can use the app to keep track of their orders and get a full picture of what they bought.

Online Payment Plans through Klarna

Klarna’s payment plans can be used online at checkout, when the item is shipped, or after the purchase.

At Checkout, choose the Klarna payment plan. This will show you the whole schedule of payments and the total cost of the purchase.

On shipment, Klarna pays the retailer up front and handles payment from the customer itself.

After a purchase, customers can use the app to keep track of their orders and get a full picture of what they bought.

Criteria for getting into Klarna

To be eligible for Klarna’s “buy now, pay later” financing plan, you must meet certain requirements, such as:

  • You must be older than 18 years old.
  • Must live in the US legally.

Before letting you use Klarna’s payment plan, the company does a soft credit check to look at your financial history. But the credit check won’t change your credit score in any way.


Quadpay, which is also known as zipping, is another lease-to-own payment platform that helps customers get loans that are easy to manage. It lets the customer pay for the item in four interest-free payments.

If you want to buy things, now is the time to check them off your list by using a Quadpay financing plan. The payment plan works both in-store and online, and it’s a smart way for retailers to boost sales while making it easy for customers to buy the things they want.

Klarna is way ahead of Quadpay right now, and Quadpay is not ahead of Klarna in any country. But in its way, it has helped a lot of people. It has about 4.5 million customers and takes in $3 billion in payments each year from all over the world.

With a Quadpay Visa virtual card, you don’t have to worry about hidden fees or interest. This makes it a better choice than a credit card.

What are Quadpay’s payment plans?

Quadpay has a virtual Visa card that works like a credit or debit card. Customers can easily pay with these cards because they can be added to the credit card checkout forms that are already in place.

4 payments with no interest

You can use Zip or Quadpay at any place that takes Visa. Customers pay the first of four payments up front, when they buy the item. The rest of the payment is spread out over six weeks.

Installments Amount
1st Payment $112.50
2nd Payment $112.50
3rd Payment $112.50
Final Payment $112.50

Quadpay doesn’t charge any interest or fees as long as payments are made on time. But Quadpay charges a fee of $5, $7, or $7 if the payment is late.

Using Quadpay in-store payment plans

If you are buying something in a store and want to use the Quadpay payment plan, you need to do the following on the app:

  • Please click on “in-store.” Type in the total amount you want to buy.
  • Next, review your complete payment plan.
  • Check the amount and method of payment to make your virtual card.
  • Then, put money in your wallet.
  • You can store Zip in Apple Wallet or Google Pay to make it easy to use.
  • The last step is to tap to pay to finish the purchase.

Utilizing Quadpay Payment Plans

At Quadpay you can also shop online with the app, and you can pay for your purchases in different installments:

  • Please find a store and decide what you want to buy before you start.
  • Next, put items in your cart.
  • Once you’re done, click the Pay with Zip button.
  • Type in the amount you want to buy. Make sure the amount in your cart is the same as the amount you want to pay.
  • Fill out all the information about how you want to pay to check out and finish the transaction.

When it comes to how much you can borrow, Quadpay lets you borrow between $350 and $1000. At the same time, you can borrow up to $1,000 with Zip Money.

As we’ve already talked about, loan lenders do a credit check, so they know how you’ve paid bills in the past. This lets them make sure you’re eligible and can make payments on time. At the time of application, they check your credit, and if you pay late, your credit score goes down.

Quadpay has some problems, and it’s best to know about them ahead of time. Since you have to link your payment card to use their service, you will still have to pay the card’s fees.

And if you can’t pay with the linked debit or credit card, it’s better to choose a different Quadpay option. As an alternative way to qualify, you could choose a personal loan or a credit card with 0% APR.

Don’t Leave!

Quadpay and Klarna are platforms for making payments that let you pay for things in several installments. Like buy now, pay later gift cards, and online stores that accept Snap Finance, these institutions do not charge interest as long as the payments are made on time and not late. With these buy now, pay later options, you can get your favorite products right away.

When comparing Klarna and Quadpay, the application process is pretty simple. However, both companies do a small credit check on your previous payment history, which shows if you have any negative balances or late payments. Of course, this could change how people are chosen, but these payment platforms need to make sure that you don’t change the dates you agreed to pay on.

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