Top 5 Buy Now Pay Later (BNPL) Companies in the US

2. Four

Highest APR Charged: 0%

Four provides users with the ability to make retail purchases of different items such as perfumes, tools, furniture, jewelry, apparel, and other products. It does not charge interest, but like other zero interest BNPLs, the company has late payment fees. Retailers that partner up with Four immediately receive their payment, while the customer has the option to pay later. For the first time a payment is missed, Four charges a $7 fee. An additional $8 is charged if the payment is still not made within a week. However, for users in California and Idaho, the company charges a single $10 fee for payments late by 10 days.