High-AOV financing, Affirm vs Klarna vs Splitit for $1k+ sneakers?

Different tools, all wired into Magento via official extensions. Pick by region + AOV + customer demo.

• Affirm, best for US, $500, $3k AOV. Soft credit pre-qual at PDP (no hard pull, customer sees “$67/mo over 18 months” before add-to-cart). 4% MDR. Lifts $1k+ AOV conversion ~2.1x when pricing is shown above-the-fold (above size selector, not at checkout). Affirm reports +78% lift from above-the-fold placement.
• Klarna, best for EU, Pay-in-3 + Pay-in-4 + 6/12-month financing. ~3.5% MDR + €0.35 per tx. Klarna One sign-on is a customer-acquisition channel in itself in DE/NL/SE.
• Splitit, no credit check. Splits the purchase across the customer’s existing credit card limit. Perfect for sneaker drops where the customer’s card is already maxed by their reseller-bot subscription. 1.5-3% MDR depending on tier. Smaller customer share but high LTV when present.
• Sezzle, younger demo (18-25), smaller cap (~$1k max). Best as a secondary option for Gen-Z streetwear stores. ~6% MDR.
• Afterpay / Clearpay, AU/UK dominant. Pay-in-4 only. ~6% MDR. Wire it for the AU and UK store views; skip for US (Affirm is stronger).

Stack: Affirm + Klarna + Splitit minimum. Add Sezzle if Gen-Z is >30% of customer base. Surface all three at PDP, let the customer self-select. Single-financing stores leave 15-25% conversion lift on the table.