We’re all about accommodating your payment needs, which is why we offer serval different payment platforms such as PayPal, Shop Pay and Apple Pay.
When you check out with Shop Pay, PayPal and Zip(QuadPay) you have the options to pay in full or opt for a payment plan. Sezzle currently only offers installments.
Installments are a flexible payment option that can help you invest in larger purchases by dividing your purchase into smaller payments. Unfortunately, with these options, you can't adjust the number of payments but these are still great options for someone who may not have the funds readily available or simply doesn’t want to pay all in one shot.
For the most part, all services requires a portion of the orders total up-front. This is usually a downpayment of 25% or your first installment. The remaining balance will be due over 3 other installments, each due two weeks apart.
Although, Sezzle has an unwritten approval system that determines what sort of repayment plan can be offered, they typically have the same terms.
PayPal also has a program called PayPal Credit which allow you to make a purchase and Enjoy No Interest if paid in full in 6 months on purchases of $99.00+. This service doesn't require a downpayment but may require a hard pull and be reported on your credit report if a payment is late or missed, while the other option has no impact to your credit.
These are not layaway programs. When your order is placed, the financing institution pays the merchant (us) in-full - so the merchant has their funds and is able to process your order just like if you had paid them in full with a credit card.