# PayLater vs SplitPay

The clearest difference is in-app purchases: PayLater at none against SplitPay's 5. PayLater also leads on update cadence (every 3 weeks vs every 4 months). On price, ads, device support and iOS requirement there is nothing between them.

Both are free to download. SplitPay sells 5 in-app purchases, starting at $4.99 per 7 days. PayLater asks for nothing beyond the download.

PayLater ships an update every 3 weeks, SplitPay every 4 months. The most recent releases landed on September 23, 2026 and September 24, 2026 respectively.

## The numbers

| Metric | PayLater | SplitPay |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[3.5 (298 ratings)](https://appshunter.io/ios/app/paylater-split-your-payments/id6738985290/reviews)** | — |
| Number of ratings | **298** | — |
| Positive reviews | 28.4% of reviews | — |
| In-app purchases | **No** | Yes |
| Ads | No | No |
| Update frequency | **Every 3 weeks** | Every 4 months |
| Monetization | Free | — |
| Size | 106 MB | 34 MB |
| Requires iOS | **15.6** | 16.0 |
| Devices | iPhone, iPod | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Pay Later](https://appshunter.io/developer/1754177617) | [SEIB INSURANCE AGENTS LTD](https://appshunter.io/developer/6787115873) |

## 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


### SplitPay

[App page](https://appshunter.io/ios/app/splitpay-bill-splitter-app/id6787115871)

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (5)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Weekly | $4.99 | per 7 days |
| Weekly-Trial | $4.99 | per 7 days |
| Monthly | $12.99 | per month |
| Yearly | $39.99 | per year |
| Lifetime | $59.99 | one-time |


## Frequently asked questions

### Is PayLater free?

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

### Is SplitPay free?

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

### Do PayLater or SplitPay have ads?

Neither PayLater nor SplitPay shows ads.

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

PayLater ships an update every 3 weeks, and SplitPay every 4 months. Most recently, PayLater was updated on September 23, 2026 and SplitPay on September 24, 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.*