Sezzle

Sezzle provides buy now pay later with pay-in-four instalments alongside longer financed terms, a shopper app, a directory of stores by category, and loans issued by WebBank or Sezzle with rates based on creditworthiness and term length subject to credit approval.

Publishing a worked example of a financed purchase is more useful than any rate table and Sezzle does it properly, showing what a 1,000 dollar loan over six months costs in monthly payments. That is the number a shopper actually needs, and it is the disclosure most of this category buries in a loan agreement.

Naming WebBank as the issuing bank matters for the same reason, because a buy now pay later provider is either lending its own money or arranging credit through a chartered bank, and the second brings the consumer protections and disclosure requirements that come with regulated lending.

The store directory organised by category, from clothing and beauty through pets and automotive, with sections for Black-owned businesses and Canadian stores, shows the same demand-channel strategy the category shares: the provider brings shoppers to retailers, which is the argument for the merchant fee. Merchant rates are not published.