Here’s why ChargeAfter is better than Shopifys’ Shoppay

Without integrating a global lending platform on your e-commerce website, it has become nearly impossible to run a successful online business due to the rapid development of consumer financing and the need for Buy Now, Pay Later (BNPL) features among clients. As it ensures the merchant to boosts sales and grow their company.

Nowadays, the majority of retailers use Shopify websites to sell their goods, and when it comes to BNPL alternatives, Shopify’s Shoppay and Multilender global lending platform, ChargeAfter, are two titans that compete for dominance. What are the benefits of each of them, and which one is best for growing your company?

What is Needed?

For Clients

In order for the smart financing platform to be the best possible, we must first determine what is required. First and foremost, since everyone is pressed for time right now, a speedy and enjoyable experience is essential. Second, it should provide you with the best possibility of getting finance because a lot of consumers get turned down for consumer financing, which is the worst experience they can have. Given that not every customer would find a particular payment plan appealing, the BNPL option the client selects should have several payment options. Finally, the low payment fees are the top consideration for customers when selecting consumer loan choices.

For Merchants

Retailers have some wants of their own as well. There are a few things you should think about if you are a representative of a business that wishes to succeed on the market. The worldwide lending platform should be able to enhance AOV (Average Order Value), boost revenues, and, with the finest customer experience, guarantee that customers will shop with you again, increasing the number of repeat customers.

Shopify’s Shoppay

Simply put, Shoppay is a smart way to finance purchases and save your information for the future shopping experience. Shoppay also gives its customers consumer finance options like Shop Now Pay Later, allowing them to split the cost of their purchase and pay according to a predetermined repayment plan.

When using shoppay, you select the item you wish to buy and are given the BNPL option at the point of sale, just like with other POS financing alternatives. The consumer has the option to split the payment and pay over time, but there is a considerable risk of being restricted or banned from the platform if the payment is missing or paid late. Shoppay also has a tight eligibility list, which makes it more difficult for customers to get approved. Additionally, monthly payments affect customers’ credit history and scores.



ChargeAfter is the global multi-lender network for point-of-sale financing.   It is a network of worldwide lenders and a data-driven decisioning engine that presents the most relevant financing offers to clients depending on credit type, resulting in approvals for up to 100% of customer applications.

ChargeAfter became a market leader by attracting a large number of lenders and customers and implementing the smartest features on its platform. What makes ChargeAfter the greatest platform for consumer financing, then?

Customers favor ChargeAfter when it comes to consumer financing because it offers an acceptance rate of 100%. It is virtually impossible to be denied on ChargeAfter because of the enormous number of lenders that are available on the platform and the Waterfall Financing System, which matches the client with the most appropriate lender. The global lending platform of ChargeAfter does not typically impose advance fees or additional costs. Extra costs may apply solely in instances of missing or late payments. One of the most crucial aspects is that it offers customers a variety of payment plan options, giving them the opportunity to pay at a time of their choosing.

Finally, selecting ChargeAfter over ShopPay will be advantageous for you whether you are a business looking to increase sales or a consumer looking to finance the purchase. ChargeAfter’s dependable lenders make it simpler to have faith in the platform and know that you can buy whatever, whenever you want, with the right payment plan and on-time payments and pay nothing extra.

About ChargeAfter

ChargeAfter is a leading multi-lender platform for Buy Now pay later (BNPL) Consumer Financing. It connects businesses with the most reliable lenders, enabling them to offer customers the greatest financing solutions. With the best system of Waterfall Financing, ChargeAfter guarantees BNPL lending to every shopper, by matching the most relevant lender to every client. Using the unique consumer financing technology, ChargeAfter provides all parties, merchants, lenders, and consumers, with the best shopping experience. Phoenix, MUFG, VISA, Bradesco, BBVA, Synchrony, PICO Partners, CITI, Propel Venture Partners, Plug and Play, and other companies worldwide are among the investors of ChargeAfter.

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