FinanceLayer vs. third-party BNPL
Third-party BNPL providers underwrite the loan and charge you a percentage of every order. FinanceLayer lets you underwrite — the customer pays you on schedule via ACH, and you keep the margin.
Pay-in-4 for your store.Without the 6% fee.
FinanceLayer turns your Shopify store into its own installment lender. You set the terms. Customers pay by ACH — no Affirm, no Klarna, no Afterpay percentage cut.
Same payment plan. Six-times lower cost to you.
BNPL providers underwrite the loan and charge you a percentage of every order. FinanceLayer lets you underwrite — and keep the margin.
Merchant keeps ≥99% of order revenue
Merchant defines installment terms
ACH collection (not card)
Your branding on the agreement
No customer account signup required
Flat monthly fee · no per-order cut
E-signed ACH authorization (audit trail)
Available on every Shopify plan
Merchant fee on a $1,000 order
Merchant fees sourced from public pricing pages (affirm.com/business/pricing, klarna.com/business, afterpay.com/merchant, shopify.com/shop-pay-installments) as of April 2026. Shop Pay Installments merchant fee estimated from Shopify's stacked Payments + Affirm rate disclosures. Compliance note: FinanceLayer is scheduling and documentation software, not a lender. Merchants using 5+ installments or charging interest should consult counsel on TILA and state RISA requirements.
Legally binding. Brand-free. One click.
Each plan is an e-signed ACH authorization. Your branding. Your terms. The customer never has to create an account.
- E-SIGN Act compliantTimestamp, IP, and agreement hash stored immutably.
- Your branding, not a BNPL logoYour store name, logo, colors — not a third-party brand's.
- Mobile-first signingPhone, tablet, desktop — works everywhere.
This agreement authorizes ACME Supply Co. to collect installment payments via ACH bank transfer.
IP 174.21.•••.24
Key differences
- Third party underwrites the loan
- Percentage cut on every order (typically 4–6% + $0.30)
- Provider branding on the checkout agreement
- Customer signs up for the provider's account
- Chargeback and dispute rules set by the provider
- You underwrite — or apply your own approval rules
- Flat monthly subscription, no percentage cut
- Your branding on the agreement and customer emails
- No third-party account for the customer to create
- ACH collection via Stripe Financial Connections
Compliance note: FinanceLayer is scheduling and documentation software. It is not a lender. Merchants using 5+ installments or charging interest should consult counsel regarding Truth-in-Lending Act (TILA) and state retail installment sales act (RISA) requirements.
Run your own pay-in-4 program
Install FinanceLayer from the Shopify App Store and create your first installment plan in minutes.