CMSPI | 2025 State of the Industry Report EBook

SECTION 2 Payment Method Profiles

U.S. Affirm

Sweden Klarna

Australia Afterpay

Germany PayPal

Japan Paidy

Year Founded Payment Options

2012

2010

2015

2022

2008

Global Overview: Buy Now Pay Later

Pay in 3 or 4 Pay in 30 Days

Payment after 30 days Installment Payment

Pay in 4 Monthly Installments

4 installments over 6 weeks

Pay in 3, 6 or 12 installments

Financing Pay in Full

Pay Over Time (£0.11 + 0.99- 4.99% + $0.20-0.5) Pay Later (2.6-4.29% + $0.26-1.13) Pay Now (1.35% + $0.20-0.25) Pay in 3 or 4 - no interest Pay in 30 Days - no interest Financing - 0-33.99% Pay in Full - N/A Australia, Austria, Belgium, Canada, China, Czech Repulic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Japan, Hungary, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Spain, Slovenia, Sweden, Switzerland, the U.K., the U.S.

Default Merchant Fees *These fees are not representative of all pricing for merchants.

$0.15 + contract with PayPal & management service fee Payment after 30 days - interest fee Installment Payment (fixed borrowing rate & effective annual interest rate)

$0.13 + contract with Affirm

4.19-4.99% + $0.19-0.39

N/A

Pay in 4 - interest free Monthly Installments (0-36% APR)

Fixed fee due at each payment dependent on total spent

Consumer Fees

Interest-free late fees apply

U.S., Australia, New Zealand, Canada, the U.K.

Australia, France, Germany, Italy, Spain, U.K., U.S.

Countries Available

U.S., Canada, the U.K.

Japan

Settlement Time

3 Days

4 Days

3-5 Days

3 Days

N/A

7

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