In Spain, as in many other countries (especially in the European Union), the culture of online shopping is growing at an enormous rate nowadays. Among other things, it presents an extremely useful comfort for the user, by being able to make purchases of all kinds without leaving the sofa at home.
Without a doubt, this point is presented as the differential advantage of digital purchases compared to traditional ones. However, there are several issues in which electronic commerce has had to adapt, such as online payment options and facilities, which include the possibility of deferring, dividing and/or financing the total purchase. For this reason, in this top we bring you the best tools on the market that will help you offer an optimal service in the checkout process.
A ranking of the best financing and deferred payment services prepared by experts
Unlike previous rankings, this time we have added great value to our traditional Top. It’s about the assessment of 33 experts in marketing and eCommerce, who have selected the best CMS tools for eCommerce after analyzing a long list of options.
This voting process was carried out for our company, which was free of charge. There you will learn about the best tools from 21 different verticals and the names of the juries.
With this change, we will no longer list the tools in alphabetical orderbut we will do it in voting order.
With that said, let’s get down to business
The best tools to finance and defer payments…
…and other tools you should also have in the peephole
by Banco Sabadell (Recommended🥇)
Instant Credit is the digital installment payment solution for Sabadell Consumer Finance that allows the buyer to pay in easy installments for their purchases fast, secure and 100% digital. It offers an intuitive user experience adapted to any device. With the security and confidence of a company specialized in consumer financing, with more than 12,000 member businesses.
this tool covers between 3 and 24 monthly payments and with a wide fundable range, up to €4,000 per purchase, being the minimum €60. The first installment is charged 30/60 days after making the purchase and checking the product.
It allows create campaigns at 0% APR (seasonal, by product, by number of installments, etc.) and monitors the credit acceptance rate, applying measures to increase sales. It is integrated through a simulator, via API or through the main eCommerce CMS (Magento, Prestashop, Woocommerce and Opencart)
- Foundation year: 2015
- Country: Spain
This tool allows you to offer installment payments in up to 36 months and choosing the day of the month to make the payment. It also has the option of sending the order and the customer paying 15 days later without commissions, or dividing their purchases into 4 payments at 0% interest.
Easily integrates with major eCommerce platforms like Magento, Prestashop, Woocommerce and Shopify, although it is compatible with any website. In addition, it allows offering financing to customers at physical points of sale in a simple way, through a simple SMS.
Leadered by Fernando Cabello-Astolfi, this fintech was created at the end of 2014 and acquired in August 2018 by the group , which makes Aplazame the only real-time financing solution backed by a bank.
- Foundation year: 2014
- Country: Spain
Klarna Bank AB, known as Klarna, is a Swedish fintech expanding throughout Europe that offers, among other things, online payment tools for online merchants. In addition, they also offer financing at physical points of sale through their app, something very useful for companies with an omnichannel approach. Since 2022, it has had a system through which members obtain points for each payment they make through its app.
Klarna customers can choose between:
- Pay later: we will buy now and pay later, the fintech allows the purchase to be paid 14 or 30 days after delivery or in 3 equal installments without interest;
- Slice it: divide the cost of purchases into monthly payments of the same amount;
- Pay now: pay for purchases by card without the need to fill out forms or enter passwords.
It has an app available for Android and iOS, from where customers can manage their payments.
- Foundation year: 2005
- Country: Sweden
This tool allows several different installment payment methodsadapting to the particularities of each eCommerce and offering flexible solutions for its customers.
Among them, we can mention the “pay later”, which allows the payment of the purchased product up to 7 days after making the purchase, at no extra cost and without leaving a card or bank details. Another possibility is that of “split payment”, which spreads the payment over 4, 6, 12 or 18 months, with the customer being able to vary their plan whenever they want. It also offers the options “divide into 3”with which you can pay in 3 months without interest; “payment postponed”; Y “physical store solution”which provides an alternative financing service in these spaces through customers’ mobile phones.
The approval of the purchase is instant. guarantees 100% collection and offers a series of marketing resources to promote knowledge and understanding of this tool by customers. It also has its own risk algorithm.
- Foundation year: 2013
- Country: Spain
clear pay (known as Afterpay outside of Europe) was founded in 2011 in Australia and landed in Spain in early 2021 after having bought the technological platform of Pagantis. With this platform, customers can pay for their purchases in 3 terms without additional costs. The service is completely gratuitous for users who pay on time, helping people spend responsibly without incurring interest.
To offer the service you must have a B2C business and a bank account in a European bank. Integrates directly with your online store through api or by module. According to company data, in 2021, Clearpay merchants experienced up to a 40% increase in AOV (average shopping cart value).
- Foundation year: 2011
- Country: Australia
Oney is a financial entity owned by Auchan Holding and Groupe BPCEE. Their plan 3x 4x Oney offers digital financial solutions and 100% mobile for eCommerce that allow customers to pay between 3 and 12 installments your purchases of between €90 and €2,500.
The process is done in 4 minutes without the need for paperwork. The client only has to fill in their personal data, attach the DNI and the data of the card with which they want to pay (debit or credit). The system integrates easily with Magento and PrestaShopand it also works for physical stores.
- Foundation year: 2001
- Country: Spain
Cofidis has the Retail E-commerce solutionwhich allows customers to finance online purchases instantly, safely and quickly in two ways: 4xcard (in 4 installments, for purchases between €75 and €1,000) and Cofidis Pay, with which customers can finance their purchase in up to 50 monthly installments through direct debit, only with the identity document and a bank proof of ownership (for purchases between €75 and €3,000).
Have a integration module with Prestashopit can be integrated with any online store via API and with payment platforms through PSP.
- Foundation year: 2012
- Country:
With Viabill your customers can pay up to 4 installments without interest creating an account in the application. Thanks to your price tag, users see how the system works and how much they will pay per month before making a purchase. Within 10 days of receiving the order, your business receives the full payment, less the management fee.
Easily integrates with leading eCommerce stores such as Salesforce, Magento, Prestashop, Woocommerce or Shopify. In addition, it has a unified panel from which you can view orders, charges for transactions and payments, modify documentation, etc.
FLOA Pay is an installment payment tool for eCommerce of French origin with more than 20 years of experience that began its internationalization in 2021 with the deployment of the service in Spain. With this tool, consumers can defer and split their payment into three or four installments instantly with only two additional pieces of information: location and date of birth. A simple way that allows a quick response from the client and an immediate response from Floa, which avoids forms or registrations in external applications.
- Foundation year: 2001
- Country: France
e Credit Now is the financing platform for online businesses, an expert company in consumer loans belonging to the BNP Paribas group, with more than 30 years of experience and 2.5 million customers.
It is a fully online installment payment solution, no cost to trade and in which the client companies can choose the financing option: with or without interest, up to 60 months and no maximum amount limit. Thus, in 3 simple steps, the user will be able to access the installment payment of their purchases. In addition, if the user already has a Cetelem line of credit, he does not have to fill out any form or send documentation.
One of the main advantages of e-Credit Now is that it has modules for easy integration into 3 of the main e-commerce platforms, such as Prestashop, Magento and WooCommerce.
Among its clients are well-known eCommerces such as and Macnificent.
- Foundation year: 2015
- Country: France
FinOnline is the digital payment solution for CaixaBank, a great endorsement for a tool designed to make it easier to finance online purchases. With integrations available for Magento and PrestaShopFinOnline offers buyers a totally online and paperless process: once the product is added to the shopping cart, they only have to select the financing option as the payment method and choose the fee they want to pay.
Indonesian fintech Akulaku founded Wisecart in 2021, with the aim of expanding its business throughout Europe by offering competitive charging models that would grow its clients’ businesses. In March 2022 Wisecart was renamed Silvrr and currently operates in 9 countries: Germany, Spain, France, Italy, Belgium, Indonesia, the Philippines and Malaysia.
It is a financial platform aimed at both consumers and merchants. The former can choose between 3 payment plans: Pay 30 days later, Pay in 3 times and Pay in 4 times. All without interest if paid on time. As for merchants, you can get paid in full up front, whatever payment plan your customers choose.
- Foundation year: 2021
- Country: Indonesia
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