# PayLater vs Splitfun

The clearest difference is rating: Splitfun at 5.0 against PayLater's 3.5. Splitfun also leads on update cadence (every 9 days vs every 3 weeks) and iOS requirement (13.0 vs 15.6). PayLater's advantage is in-app purchases (none vs 4) and ratings volume (298 vs 2). On price, ads and device support there is nothing between them.

Both are free to download. Splitfun sells 4 in-app purchases, starting at $3.99 per month. PayLater asks for nothing beyond the download.

Splitfun holds the better App Store score, 5.0 against 3.5. That said, the two scores are not equally well evidenced: PayLater has 298 ratings behind it against 2, so its average is the more settled of the two.

PayLater ships an update every 3 weeks, Splitfun every 9 days. The most recent releases landed on September 23, 2026 and June 1, 2026 respectively.

## The numbers

| Metric | PayLater | Splitfun |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [3.5 (298 ratings)](https://appshunter.io/ios/app/paylater-split-your-payments/id6738985290/reviews) | **[5.0 (2 ratings)](https://appshunter.io/ios/app/splitfun/id6740187024/reviews)** |
| Number of ratings | **298** | 2 |
| Positive reviews | 28.4% of reviews | — |
| In-app purchases | **No** | Yes |
| Ads | No | No |
| Update frequency | Every 3 weeks | **Every 9 days** |
| Monetization | **Free** | Free with in-app purchases |
| Size | 106 MB | 25 MB |
| Requires iOS | 15.6 | **13.0** |
| Devices | iPhone, iPod | iPhone, iPod |
| Age rating | 4+ | 17+ |
| Developer | [Pay Later](https://appshunter.io/developer/1754177617) | [FORWARD SILVER LIMITED](https://appshunter.io/developer/1646367039) |

## What reviewers say

### PayLater

[App page](https://appshunter.io/ios/app/paylater-split-your-payments/id6738985290)

Split your purchases into four easy installments with this buy now, pay later service. Enjoy flexible payment options and secure transactions with no hidden fees. Shop at a wide network of top retailers.

**Highlights:** Split payments into 4 installments, Fast and easy onboarding, Secure PCI DSS-compliant transactions, Shop with a network of top retailers, Transparent fees, no hidden charges

**Features:** Apple Wallet

**In-app purchases:** none

**What reviewers like**

- 👍 Trusted
- 👍 Great experience

**What reviewers complain about**

- 💡 No Arabic language support
- 💡 Low spending limit
- 🐛 Debit card not supported
- 🐛 OTP not received
- 🐛 Unable to delete app and restart

**Reported bugs**

- Login screen freezes
- Incompatible with older devices

**Requested features**

- Monthly payment reminder
- Higher spending limits


### Splitfun

[App page](https://appshunter.io/ios/app/splitfun/id6740187024)

Effortlessly manage shared expenses with friends, family, and colleagues. Track who owes what for rent, trips, or meals and settle up quickly. Enjoy stress-free expense management with a user-friendly interface and secure cloud backup.

**Highlights:** Flexible bill splitting (equal, percentage, exact), Group management for trips, roommates, events, Real-time notifications for expenses and settlements, Cloud backup for secure data storage, User-friendly and intuitive interface, Privacy and security with data encryption

**Features:** macOS Compatibility

**In-app purchases (4)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Golden Member Monthly Card | $3.99 | per month |
| Golden Member Monthly Card | $3.99 | per month |
| Golden Member Yearly Card | $34.99 | per year |
| Golden Member Yearly Card | $34.99 | per year |


## Frequently asked questions

### Is PayLater free?

PayLater is free to download, with no in-app purchases.

### Is Splitfun free?

Splitfun is free to download, with in-app purchases available.

### Which has better reviews, PayLater or Splitfun?

Splitfun is rated higher. PayLater averages 3.5 out of 5 from 298 ratings, while Splitfun averages 5.0 from 2 ratings.

### Do PayLater or Splitfun have ads?

Neither PayLater nor Splitfun shows ads.

### Which is updated more often, PayLater or Splitfun?

PayLater ships an update every 3 weeks, and Splitfun every 9 days. Most recently, PayLater was updated on September 23, 2026 and Splitfun on June 1, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*