Katapult
katapult.com
What it is
Katapult provides lease-to-own payments for eligible purchases, allowing customers to apply, shop in its app, and select Katapult at checkout. Shoppers can also use it at participating stores and retailer websites. Katapult says applications do not affect credit scores, describes the service as requiring no credit, and uses a real-time approval process that considers factors beyond scores. During a lease, customers may continue scheduled payments, use an available early purchase option, or return merchandise under their agreement. Purchase can be available within three months, later in the lease, or at the term’s end. Repayments may be weekly, bi-weekly, semi-monthly, or monthly, and Katapult says it adds no late or insufficient-funds fees. Retailers receive upfront payment and can connect through Magento, Shopify, WooCommerce, Salesforce Commerce Cloud, JavaScript, direct API, or in-store checkout. Merchant tools include a dashboard, sandbox and live API environments, next-day settlement, and assigned integration staff. The service is listed for 46 US states and the District of Columbia, excluding Minnesota, New Jersey, Wisconsin, and Wyoming. Pricing is on request.
Spec sheet
- What it does
- Katapult offers consumers a lease-to-own payment option to get eligible merchandise from participating retailers and pay over time.Read 9 Oct 2026 · docs.katapult.com
- Integrations
- Merchant integration options include extensions for platforms such as Magento, Shopify, and WooCommerce, a JavaScript plugin, direct API, and in-store checkout.Read 9 Oct 2026 · docs.katapult.com
- Security
- Katapult’s privacy policy says it uses commercially reasonable administrative, technical, and physical measures designed to safeguard personal information.Read 8 Oct 2026 · katapult.com
- Support
- Katapult Customer Care is available by live chat on its website or by phone, with hours listed for every day of the week.Read 9 Oct 2026 · katapult.com
- Headquarters
- Atlanta, GeorgiaRead 28 Sep 2026 · katapult.com
- Founded
- 2012Read 28 Sep 2026 · katapult.com
- API compatibility
- Katapult describes its API as REST-based and compatible with retailers on custom and off-the-shelf platforms.Read 9 Oct 2026 · docs.katapult.com
- API security
- The API requires OAuth 2.0 authentication and HTTPS, and provides separate sandbox and live environments with distinct OAuth keys.Read 9 Oct 2026 · docs.katapult.com
- Approval process
- Katapult says its real-time approval process considers factors beyond credit scores and collects minimal customer information.Read 9 Oct 2026 · docs.katapult.com
- Customer flow
- Customers apply, shop in the Katapult app, then select Katapult at checkout to start a lease.Read 8 Oct 2026 · katapult.com
- Customer support
- The mobile app page lists phone and live chat support and gives service hours of Monday–Friday 7am–11pm CST, Saturday 8am–9pm CST, and Sunday 10am–8pm CST.Read 8 Oct 2026 · katapult.com
- E-commerce integrations
- The documentation lists plugins for Magento, Shopify, and WooCommerce, plus a JavaScript plugin and direct API integration.Read 8 Oct 2026 · docs.katapult.com
- Eligibility approach
- Katapult says applying will not affect the customer’s credit score and describes its service as requiring no credit.Read 8 Oct 2026 · katapult.com
- Fees
- Katapult says it does not add late or insufficient-funds fees to leases.Read 9 Oct 2026 · katapult.com
- Late fees
- Katapult’s e-commerce page says it charges no late fees.Read 8 Oct 2026 · go.katapult.com
- Merchant integration setup
- Katapult supports sandbox and live API environments, and its documentation says each integration receives a dedicated integrations engineer and engagement manager.Read 8 Oct 2026 · docs.katapult.com
- Merchant onboarding
- Katapult says each integration is assigned a dedicated Integrations Engineer and an Engagement Manager.Read 9 Oct 2026 · docs.katapult.com
- Notable limits
- The official site says the service is unavailable in Minnesota, New Jersey, Wisconsin, and Wyoming.Read 9 Oct 2026 · katapult.com
- Payment paths
- During an active lease, customers can continue scheduled payments, use an available early purchase option, or return the merchandise subject to their agreement.Read 9 Oct 2026 · katapult.com
- Privacy and security
- Katapult says it uses commercially reasonable administrative, technical, and physical measures designed to safeguard personal information.Read 9 Oct 2026 · katapult.com
- Purchase options
- Customers can choose to purchase leased items within three months, later in the lease, or at the end of the lease term; they may also return items without obligation.Read 8 Oct 2026 · katapult.com
- Retail categories
- Katapult lists furniture, electronics, automotive and tires, mattresses, appliances, outdoor equipment, medical instruments, and hobby equipment as retail verticals.Read 8 Oct 2026 · go.katapult.com
- Retailer payment
- Katapult says retailers receive upfront payment while customers lease to own over time.Read 8 Oct 2026 · go.katapult.com
- Service availability
- The mobile app page says the service is unavailable in Minnesota, New Jersey, Wisconsin, and Wyoming.Read 8 Oct 2026 · katapult.com
- Shopify support
- The Shopify guide says the integration supports Shopify and Shopify Plus and estimates installation takes about 30–40 minutes.Read 8 Oct 2026 · docs.katapult.com
- Shopping channels
- Consumers can use Katapult through its app, at participating store locations, or during checkout on participating retailer websites.Read 9 Oct 2026 · katapult.com
- Target customers
- Katapult says its lease-to-own option focuses on helping people with low or evolving FICO scores get necessities such as furniture, appliances, and electronics.Read 9 Oct 2026 · docs.katapult.com
Strong points and limits
Strong points
- Supports weekly through monthly repayment schedules
- No late or insufficient-funds fees
- Multiple merchant integration options
- Next-day merchant settlement
- No credit-score impact stated for applications
Limits
- Unavailable in four listed states
- Pricing is available on request
- Lease terms govern returns and purchase options
- Service requires retailer participation
Who it suits
Katapult suits retailers seeking lease-to-own checkout and shoppers who want scheduled payment or purchase options. It is also aimed at customers with low or evolving FICO scores.
Verdict
Katapult combines consumer lease-to-own payments with broad retail integration options and several repayment frequencies. Retailers should check state availability, supported commerce systems, and the agreement terms before offering it.
Where Specifiction places it
- Buy Now, Pay Later Platforms#13 of 267.8
