Klarna:
Payment Options:
Klarna offers various payment plans, including "Pay in 4" (interest-free installments), "Pay in 30 days," and longer-term financing options (3 to 36 months) with interest accrual.
Interest and Fees:
"Pay in 4" is typically interest-free, but late fees may apply for missed payments.
Afterpay
Payment Options:
Afterpay primarily focuses on "Pay in 4" installments (every two weeks) with no interest. They also offer "Pay Monthly" plans with potential interest for larger purchases.
Interest and Fees:
"Pay in 4" is typically interest-free, but late fees may apply for missed payments.
Key Differences between Klarna and Afterpay:
Klarna offers a wider range of payment plans, including longer-term financing options, while Afterpay primarily focuses on "Pay in 4".