Legal
Financing disclosures.
Information about the financing programs presented through PayFull.
Important financing information
PayFull is not a lender or a bank. Financing is originated by each provider’s lending partners.
All financing is subject to credit approval. Ranges shown are typical; every provider sets limits per customer and per merchant, and approved amounts, terms, and rates vary by applicant.
Availability of any given provider depends on your industry, ticket size, and underwriting outcome. Not every provider is available to every merchant.
PayFull is not a lender or a bank. Loans and financing are originated by the lending partners named above.
Originating lenders: Affirm: Affirm's lending partners; Cross River Bank, Sutton Bank, or Celtic Bank; ClarityPay: DR Bank, Member FDIC; Klarna: WebBank, Member FDIC; Afterpay: First Electronic Bank; Sezzle: Sezzle and third-party lenders including WebBank; Zip: WebBank.
SplitIt is not a loan and not a BNPL product in the lending sense. It places an authorization hold against the available credit on the customer's existing credit card and charges installments to that card over time. That's why there's no application, no credit check, and no interest — but it also means the customer needs enough available credit to cover the entire purchase at checkout, the merchant is funded per installment rather than upfront, and chargebacks work like any normal card transaction. Debit cards and prepaid cards are not supported. Visa and Mastercard are accepted; Amex, Discover, and UnionPay depend on the merchant.
Zip's Pay in 4 is not interest-free — an origination fee of $4–$7.50 is added to the purchase ($8–$60 on the 14-week plan).
Afterpay's Pay in 4 charges no interest but does assess late fees.
Program terms and originators
The ranges below are PayFull’s contracted program terms. They are typical, vary by applicant and merchant, and are subject to credit approval.
| Program | Originating bank or lender | Terms | APR and fee information |
|---|---|---|---|
| Affirm | Affirm's lending partners; Cross River Bank, Sutton Bank, or Celtic Bank | Pay in 4 (6 wks) · 3–36 months monthly Affirm markets up to 60 mo. We offer 36. | 0%–36% APR. No late fees, ever. |
| ClarityPay | DR Bank, Member FDIC | 6 weeks – 36 months ClarityPay advertises broader program limits; $30,000 is PayFull's available limit. | 0% promotional, interest-bearing, and promo-financing structures |
| Klarna | WebBank, Member FDIC | Pay in 4 (6 wks) · Pay in 30 days · 6–24 months financing 24 mo is Klarna's US max. | 0% on Pay in 4 and Pay in 30. Financing up to 35.99% APR. |
| SplitIt | None — SplitIt is not a loan. | 3–36 monthly installments | No interest added — the customer's own card terms apply |
| Afterpay | First Electronic Bank | Pay in 4 (6 wks) · Pay Monthly 3–24 months | 0% on Pay in 4 (late fees apply). Pay Monthly 0%–35.99% APR. |
| Sezzle | Sezzle and third-party lenders including WebBank | Pay in 4 (6 wks) · 3–48 months on qualifying purchases Sezzle markets up to 48 mo. Confirm PayFull's rail before publishing any number. | 0% on Pay in 4. APR applies on long-term plans. |
| Zip | WebBank | Pay in 4 (6 wks) · 8 payments over 14 weeks | Not interest-free — an origination fee of $4–$7.50 is added on Pay in 4 ($8–$60 on the 14-week plan) |
Last verified: 2026-08-13. Figures are re-checked quarterly.
SplitIt disclosure
SplitIt is not a loan and not a BNPL product in the lending sense. It places an authorization hold against the available credit on the customer's existing credit card and charges installments to that card over time. That's why there's no application, no credit check, and no interest — but it also means the customer needs enough available credit to cover the entire purchase at checkout, the merchant is funded per installment rather than upfront, and chargebacks work like any normal card transaction. Debit cards and prepaid cards are not supported. Visa and Mastercard are accepted; Amex, Discover, and UnionPay depend on the merchant.
Funded per installment as each is charged; merchant carries normal card risk.
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