The ‘Buy Now Pay Later’ trend has been in the market for a few years now, and we can say that people like it way too much. You might find Quadpay, now known as Zip, quite useful in this category. You can immediately buy something you need right now even though you can’t fully pay for it.
Moreover, you need to pay the full price of the product or service in 4 or more instalments, according to the flexible plan you select on Quadpay.
Now, the problem with Quadpay or Zip is that it might not offer you the plan that you are looking for. Or, there are some geological restrictions, and you must search for similar apps like Quadpay.
Let’s check out issues with Quadpay and continue with alternatives to this specific Buy Now Pay Later option.
Quadpay: What is it?
Zip, formerly known as Quadpay, is a dedicated financing scheme to facilitate Buy Now Pay Later or BNPL options. A buyer can take advantage of Quadpay and pay for an item in 4 or more instalments.
You can also cover other expenses with this particular BNPL scheme. However, you can try other apps, like Quadpay or Zip, if it doesn’t fulfil your requirements.
Here’s how you can use Quadpay to manage your purchase:
- During checkout, you need to select the Quadpay or Zip app.
- Next, provide the full amount of the item, inclusive of all taxes.
- Wait for a while until Quadpay approves your request.
- After that, Quadpay issues a virtual credit card.
- Accomplish the intended purchase with the Quadpay credit card.
Afterwards, you need to repay Quadpay within 6 weeks. You can go for 4 equal instalments and we find that scheme really flexible.
Go through the benefits of Quadpay at a glance:
- Get interest-free transactions with Quadpay or Zip.
- There’s no sign-up charge.
- The monthly account fee is refunded if you owe nothing to Zip or Quadpay.
- Use Quadpay for online or offline purchases.
- For individual usage, there are two categories for purchase limit, they are:
- Purchases within the range between $300 and $1000
- Purchases worth more than $1000
- Quadpay also offers 2 following categories for enterprises:
- Purchase limit starting from $1000 and covering up to $3000
- The trade plus membership offers financing coverage within the range of $3000 and $150000
Why Should You Look for Apps Like Quadpay?
Everything appears to be decent with Quadpay or Zip. Still, a handful of users might find it problematic due to the following reasons:
- Quadpay charges its users’ late fees if they fail to make the payment within the date promised. The late fee might depend on the state you reside in, and it might be up to $10.
- Quadpay offers a complicated refund process, and it can be lengthy at the same time. It waits for the merchant to verify the return or refund process. Quadpay or Zip refunds the amount only after the merchant approves.
- The credit card issued by Quadpay demands overdraft, interest, and late fees. Hence, Zip or Quadpay might not be the ultimate BNPL application for you.
If you feel these are irritating, too, then you can try equivalent apps like Quadpay.
Let’s check out some popular alternatives to Quadpay, shall we?
7 Best Apps Like Quadpay
Since you have decided to go for leading replacements for Quadpay or Zip, you can view the following recommended options. They are tried and tested and offer incredible financing features for the BNPL facility.
Let’s get started:
If you are ready to deposit only 25% of the purchase price of any item at the time of buying, then you can use Afterpay. This app offers flexible repayment options. You can even notice how transparent Afterpay’s repayment policies are. There’s no extra or hidden charge with Afterpay’s BNPL option.
Afterpay partners, with lots of merchants, there’s a high chance that your credit will be accepted. However, it features a limit on spending, and you need to make the first instalment payment at the time of purchase.
Are you looking for apps like Quadpay that offer immense categories to shop for? Venue won’t disappoint you. Venue has collaborated with leading and trusted merchants all across the world.
Thus, buyers prefer this BNPL app for the following types of purchases:
- Electronics such as smartphones, computers, etc
- Clothes and wedding outfits
- Kitchen supplies
- Children’s toys and more
Make your shopping more feasible and convenient with Venue. The best thing about Venue is that it doesn’t check your credit score before offering you a spending limit. Get unmatchable prices with Venue’s customer-centric support and steadfast techniques.
This Buy Now Pay Later service is Minneapolis-based. Sezzle provides fast transactions along with flexible repayment instalments. In addition, you will get more than 40000 brands to use the BNPL facilities enforced by Sezzle.
Apart from the BNPL advantage, Sezzle offers tools to monitor your earnings and expenditure under one app. However, Sezzle requires interest fees to be paid along with the repayment price.
Like Venue, Sezzle also doesn’t sneak into your credit score while deciding the spending limit for you.
OpenPay or Opy is one of the trusted apps like QuadPay. Get rid of unnecessary hidden or extra charges with this dedicated application. Repayment terms and conditions are transparent for this particular BNPL platform.
Additionally, you can use this app for some unusual purchases such as optometry, home improvement, education, big-ticket retail, and more purchases. Additionally, you can take up to 2 years to repay the credit. Most BNPL options don’t offer such a long period for repayment.
The only disadvantage of OpenPay is that it’s available in the following countries only:
- United Kingdom
- United States
Add Klarna as your checkout preference, it is similar to QuadPay. That’s why Klarna is one of the most identical apps to Quadpay. Just select Klarna as your checkout gateway and Klarna will take care of your payment at that moment.
You need to pay the full price in 4 payments when it comes to repaying Klarna. The most impressive thing about Klarna is that you don’t have to pay interest on top of the actual price. Whenever you tap on an item, the app will display a price alert.
Klarna offers rewards on each purchase through it. However, it can charge you USD7 if you are late for the destined payment date.
Affirm is one of the most used apps like Quadpay or Zip. It has earned such a positive reputation due to its huge client base around the US and other countries in the world. Control your finances and emergency purchases with Affirm.
Members of Affirm have to pay an annual fee of up to 30% or lower. In return, members can shop for anything from Affirm-certified merchants. However, Affirm offers only online services for BNPL facilities. Affirm reminds its users of payment dates and due amounts through email notifications.
You can download Affirm on your iPhone or Android device through App Store or Google Play Store respectively. Affirm provides a year to repay your expenses. If you make payments ahead of payment dates, then Affirm will increase your spending limits.
If you are searching for apps like Quadpay that you can use during Walmart purchases, then PayPal Credit is an efficient option. After all, most merchants accept PayPal. Use PayPal Credit on online platforms for a convenient Buy Now Pay Later experience.
PayPal works like a credit card, and users must repay the bill within 5 months. This will save you from getting stuck with interests. However, you need to use PayPal Credit for a purchase price of at least $99 to avail the facility.
After 5 months, PayPal Credit starts charging users with an APR of 20% or more.
Make sure that you double-check the terms and conditions of the above-mentioned apps like Quadpay. Among other alternatives available, you can try Tabby, FlexWallet, Zebit, LayBuy, Splitit, and more.