Popular BNPL providers include Klarna, Afterpay, Affirm and Zip. These platforms offer various payment options and enter into partnerships with merchants in order to provide consumers with a wide range of options. Other payment providers such as PayPal also offer BNPL services that can be selected with a single click during the checkout process. For merchants, choosing the right BNPL provider depends on the type of goods they sell, the price of goods, and their customer base. Another important factor to consider is the location of the merchant’s customers. In general, the following aspects should be taken into account when choosing a BNPL provider to work with: Repayment conditions: BNPL providers offer different installment plans and repayment terms, ranging from a few weeks to several years. If the average order value is high, merchants should look for a provider that offers longer repayment terms, e.g. 6 months. Enterprises whose average orders are low in value can typically offer fewer installments over a shorter time period, e.g. 4 installments over a 6 week period. Line of credit: Every consumer has a different limit to their expenditure, which depends on their consumption, credit rating and payment history. Once again, the average value of orders matters, and merchants should choose a BNPL provider that offers a sufficient line of credit for consumers to be able to shop successfully.