??!

Best Buy Now, Pay Later Services

‘Buy Now, Pay Later’ services are the new financial programs that are quickly taking the place of credit cards for many consumers. They are essentially a lay-by service that allows you to make purchases online or in-store and receive the product without paying the full price upfront. Instead, you can pay in regularly scheduled instalments over a certain amount of time. They can take the stress out of busy spending periods, like Christmas, and in some cases can even be used to pay bills.

Read More...

Unlike credit or debit cards, signing up is a quick and easy process that you can do online, and often doesn’t require many conditions other than being over the age of 18. Each company offers slightly different variations of the same concept, varying in account credit limits, flexibility of payment schedules, service fees and late fees. It’s important to know all the terms and conditions that come with each service so you don’t get hit with any unexpected fees.

‘Buy Now Pay Later’ services can be useful to help manage your finances and spread out the weight of purchases you would normally make. If you manage your finances well, they can be a good interest-free alternative to credit cards and help you avoid credit card debt. However, it’s also important to consider the risks of these services. People are more likely to buy more than they usually would and overspend because they have the option of breaking up the payment. It can also have an impact on your financial future, with excessive purchases and late payments affecting credit scores and the ability to secure loans in the future.

Go to first result

12 listings

Afterpay
  • Award Winner 2020

Afterpay

4.1 from 1,608 reviews

Latest review: After an enticing discount offer to use Afterpay with eBay, I decided to jump the hoops, setup and verify my account. With an "estimated available to spend" $600 in my account, I tried to make a

  • Free to use - Zero Interest and No Establishment Fees

  • Seamless integration within stores with a large number of merchants offering AfterPay

  • Automatic payment plan of 4 equal instalments each fortnight

  • Credit check not required; doesn't affect your credit score

  • $10 Late Fee for missing an automatic payment

  • $7 Fee on top of $10 Late Fee if you fail to repay the missed instalment within 7 days of the due date

  • May affect your ability to secure a loan as lenders consider Afterpay a line of credit

  • Transparency
    3.9 (621)
  • Customer Service
    3.7 (532)
  • Rates and Fees
    4.0 (508)
  • Application Process
    4.1 (516)
No values yet
Humm

Humm

4.0 from 2,383 reviews

Latest review: Utilised pay bill option, found it easy to use. Also found it easy to use to purchase goods online. Suggest sending emails prompting increase in credit limit for good customers as

  • No fees and Zero Interest if you choose 5 fortnightly instalments to pay for 'Little Things' up to $2,000

  • Zero Interest & 6 - 60 months time period to repay 'Big Things' up to $30,000

  • $8 Monthly Fee if you choose 10 fortnightly instalments to pay for 'Little Things'

  • $8 Monthly Fee & $35-90 Establishment Fee for 'Big Things'

  • $6 Late Payment Fee

  • Transparency
    4.2 (1,863)
  • Customer Service
    4.3 (1,809)
  • Rates and Fees
    4.4 (1,805)
  • Application Process
    4.5 (1,816)
No values yet
Zip Pay

Zip Pay

4.0 from 1,690 reviews

Latest review: It is one of the most loved apps and I love to use it. It should update some new features so that it can access to all the different

  • Interest-free repayments and no establishment fees for ZipPay (maximum $1,000 account limit)

  • 3 month interest-free period for ZipMoney (minimum $1,000 account limit)

  • Flexible payment plans - set up weekly, fortnightly or monthly repayments to suit your schedule

  • $6 Monthly Account Fee if you have a balance

  • $5 ZipPay / $15 ZipMoney Late Fee if you've made no repayments within 21 days of the due date

  • 1.5% payment processing fee if you use Zip to pay bills

  • Minimum $40 monthly repayment required

  • Conducts credit checks during applicatiopn; will affect your credit score if you default on payments

  • Transparency
    3.6 (456)
  • Customer Service
    3.6 (441)
  • Rates and Fees
    3.8 (433)
  • Application Process
    3.9 (447)
No values yet
Openpay

Openpay

3.3 from 523 reviews

Latest review: I had the misfortune of getting behind in my payments on my very first Openpay Loan due to a unexpected reduction in my income. Relying just on government welfare I was horrified when Openpay took 4

  • Openpay Plans are interest-free

  • Flexible payment plans - set up payments to suit your schedule

  • Establishment Fee, Plan Management Fee and Redraw Fee may apply to some plans

  • Default Fee of up to $9.50

  • May conduct credit checks during a credit limit increase application; may affect your credit score if you default on payments

  • Transparency
    3.1 (289)
  • Customer Service
    3.1 (223)
  • Rates and Fees
    3.1 (225)
  • Application Process
    3.6 (223)
No values yet
Bundll

Bundll

3.0 from 106 reviews

Latest review: Unlike their competitors, such as ZIP Pay, there is no way to regenerate a new virtual BUNDLL Mastercard Credit Card number. Once you have the number & CVC un BUNDLL (under "Card Reveal"), you are

  • Shop anywhere (online and instore) where MasterCard is accepted and bundle your transactions into one simple repayment to pay on your chosen repay day (you have 14 days to repay a bundll)

  • No interest or account fees

  • Snooze feature allows you delay repayment for a bundll by an additional 14 days

  • Collect free snoozes to add to your snooze pot by referring friends

  • Buying snoozes requires a superbundll account which costs 5% of the total amount you add to your superbundll

  • Each snooze costs $5

  • 24 hour grace period for a missed repayment, then a $10 late fee is applied and your account is suspended

  • Transparency
    2.9 (89)
  • Customer Service
    2.8 (85)
  • Rates and Fees
    3.7 (82)
  • Application Process
    3.4 (89)
No values yet
QuickaPay

QuickaPay

4.9 from 11 reviews

Latest review: Very convenient but not sure when I can use big things. I would like to be able to pay for large items over a longer period. When first joined could have payments over a longer period of time

  • Transparency
    4.8 (10)
  • Customer Service
    4.8 (10)
  • Rates and Fees
    4.8 (10)
  • Application Process
    4.8 (10)
No values yet
LatitudePay

LatitudePay

2.9 from 156 reviews

Latest review: I tried to apply but I don't have a driver's licence or a passport like many people, so you have to fill in a special form and submit that. I almost instantly got approval for $1000, but trying to

  • Automatic 10-week instalments, interest free

  • Fast and easy sign up process

  • $10 Late Fee

  • Conducts credit checks during application; may affect your credit score if you default on payments

  • Transparency
    2.9 (139)
  • Customer Service
    2.9 (137)
  • Rates and Fees
    3.1 (132)
  • Application Process
    3.2 (139)
No values yet
Make It Mine

Make It Mine

2.0 from 64 reviews

Latest review: Made the mistake ok looking into a product with this company about a year ago, however I did not proceed. Unfortunately they have my phone number and no matter how many times I text STOP to then

  • Choose from 3 different payment plan options (Rental, No Interest or Layby)

  • $14.40 Missed Payment Fee

  • Further Fees from $3.50 - $15 apply if a second direct debit attempt is unsuccesful

  • Other fees, such as an Establishment Fee or Delivery Fee may apply

  • Transparency
    1.6 (26)
  • Customer Service
    1.9 (25)
  • Rates and Fees
    1.8 (22)
  • Application Process
    2.0 (22)
No values yet
Klarna

Klarna

1.7 from 39 reviews

Latest review: Just downloaded the app when I'm about to explore this Klarna app automatically been a member, I immediately requested the customer support to delete my account, they said they would. But haven't

  • Transparency
    2.0 (37)
  • Customer Service
    2.1 (37)
  • Rates and Fees
    2.5 (35)
  • Application Process
    2.2 (36)
No values yet
Laybuy

Laybuy

3.5 from 6 reviews

Latest review: Good product, I like the app and the paywave option is great. It just needs a higher credit limits and optional repayment frequencies. As they get more accepted stores, they will be superior to

  • Automatic 6-week instalments, interest free

  • No sign up fees or establishment fees

  • $10 Default Fee

  • Further $10 Default Fee if you fail to pay the missed instalment within 7 days of the due date

  • Conducts credit checks during application; may affect your credit score if you default on payments

  • Transparency
    4.2 (5)
  • Customer Service
    3.5 (6)
  • Rates and Fees
    4.2 (5)
  • Application Process
    4.0 (5)
No values yet
Pay It Later

Pay It Later

2.3 from 3 reviews

Latest review: Very poor customer service, Email was the only way they would allow me to contact them. They refused to process the second payment on my only purchase with them. They did this so they could try and

  • Transparency
    1.0 (1)
  • Customer Service
    1.0 (1)
  • Rates and Fees
    1.0 (1)
  • Application Process
    3.0 (1)
No values yet
Online Discount Shop

Online Discount Shop

No reviews yet