Deposit & Partial Payment Depo and Klarna offer distinct payment solutions for Shopify merchants. Depo specializes in flexible, internal payment management, focusing on deposits, partial payments, pre-orders, and even COD order risk reduction. It provides tools to manage invoices and auto-charge remaining balances, giving merchants granular control over payment schedules and customer communication. Depo caters to merchants who want full control over their payment processes and need flexibility beyond standard payment options, particularly those dealing with custom or pre-ordered goods. Klarna, on the other hand, is a well-known 'buy now, pay later' (BNPL) service provider that integrates directly into the checkout process. It leverages the Klarna brand to offer various payment options to customers, potentially boosting conversions and reaching a wider audience. The key difference lies in control and target customer base. Depo gives merchants direct control over their payment structures and handles the entire process internally. Klarna outsources the 'pay later' aspect to a third-party, focusing on providing an established BNPL solution and tapping into Klarna's existing user base. Depo is suitable for businesses seeking customized payment solutions and wanting to manage payments internally, while Klarna is best for those who want a seamless BNPL integration to attract new customers and increase sales through flexible financing options.
83 reviews
2 reviews
Manage partial payment split payment, preorder and deposit on online and draft orders. COD Supported
Boost conversions with Klarna
| Rating | 4.3/5 | 1/5 |
Rating Deposit & Partial Payment Depo4.3/5 Klarna1/5 | ||
| Reviews | 83 | 2 |
Reviews Deposit & Partial Payment Depo83 Klarna2 | ||
| Key Functionality | Deposit, Partial Payments, Pre-orders, COD Deposits, Draft Orders | Buy Now, Pay Later, Financing |
Key Functionality Deposit & Partial Payment DepoDeposit, Partial Payments, Pre-orders, COD Deposits, Draft Orders KlarnaBuy Now, Pay Later, Financing | ||
| Target Merchant | Businesses requiring flexible payment terms and internal payment management | Businesses seeking to increase conversions through BNPL options and reach Klarna's user base |
Target Merchant Deposit & Partial Payment DepoBusinesses requiring flexible payment terms and internal payment management KlarnaBusinesses seeking to increase conversions through BNPL options and reach Klarna's user base | ||
| Control Over Payments | High - Full control over payment schedules and customer communication | Low - Relies on Klarna's payment platform and customer base |
Control Over Payments Deposit & Partial Payment DepoHigh - Full control over payment schedules and customer communication KlarnaLow - Relies on Klarna's payment platform and customer base | ||
| Focus | Internal payment management and flexibility | External BNPL solution and user acquisition |
Focus Deposit & Partial Payment DepoInternal payment management and flexibility KlarnaExternal BNPL solution and user acquisition | ||
| Draft Order Support | Yes | Not mentioned |
Draft Order Support Deposit & Partial Payment DepoYes KlarnaNot mentioned | ||
| Auto-Charge Remaining Balance | Yes | Yes (through Klarna platform) |
Auto-Charge Remaining Balance Deposit & Partial Payment DepoYes KlarnaYes (through Klarna platform) | ||
For merchants needing granular control over payment schedules, handling pre-orders, managing COD deposits, or requiring deposit functionality within draft orders, Deposit & Partial Payment Depo is the superior choice. Its comprehensive feature set provides flexibility and internal payment management capabilities. However, if the primary goal is to increase conversion rates by offering 'buy now, pay later' options and leveraging Klarna's established user base, then Klarna is the more suitable solution.
Given the extreme difference in ratings and review counts (83 vs. 2), it's prudent to thoroughly investigate the negative reviews of Klarna and recent updates to the app before making a decision. While Klarna offers a streamlined BNPL integration, the user experience reported in the limited reviews suggests potential issues that warrant careful consideration. Merchants prioritizing a proven track record of positive user experiences should lean towards Deposit & Partial Payment Depo, especially if internal payment management is a key requirement.
Deposit & Partial Payment Depo is specifically designed to handle pre-orders, allowing merchants to charge a deposit and then the remaining payment when the item is ready for dispatch. Klarna does not explicitly mention pre-order functionality in its description.
Deposit & Partial Payment Depo offers greater control, allowing merchants to set custom payment schedules, send invoices manually or automatically, and manage payment reminders directly. Klarna operates within its own payment framework, limiting the merchant's direct control over the payment schedule.
Both apps claim to offer easy integration. Klarna's description specifically mentions seamless integration, implying a straightforward setup process. Deposit & Partial Payment Depo's integration is not explicitly described in terms of ease of use. Considering Klarna is focused on simplifying the BNPL payment process, its integration may be simpler specifically for that purpose, but Depo may require a deeper setup to configure custom payment workflows.
Deposit & Partial Payment Depo explicitly states that it can be used for COD orders to reduce RTO by collecting a deposit upfront. Klarna does not offer specific features or benefits related to COD orders.
Deposit & Partial Payment Depo is better for businesses selling custom or made-to-order products. Its deposit and partial payment features allow merchants to collect upfront payments to cover material costs and labor, while Klarna is better suited to off-the-shelf products at point of sale.
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