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

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1. Zip

Highest APR Charged: 0%

Zip is an Australian BNPL that also offers its services in the U.S. The company offers a simple four installment plan that lets users pay off their purchases in four pieces. Zip is also one of the most widely recognized BNPLs out there, with big ticket platforms such as Amazon, Target, Sears, Zara, and Apple allowing support on their platforms. However, like other platforms, while Zip does not charge any interest, it does charge a $1 fee per payment. So a $100 purchase, paid in four installments ends up costing you $104. Additionally, it also has minimum payments and a $7 fee for late payments depending on the state in which the user is living in.

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