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Katapult

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What Katapult is

Katapult gives retailers a lease-to-own checkout option for eligible purchases. Customers can apply, shop through the Katapult app, a participating store, or a participating retailer’s website, then choose Katapult at checkout to start a lease. Katapult says applying will not affect a customer’s credit score and describes the service as requiring no credit. Its real-time approval process considers factors beyond credit scores and collects minimal customer information.

During an active lease, customers can keep making scheduled payments, use an available early purchase option, or return the merchandise subject to their agreement. Purchase options may be available within three months, later in the lease, or at the end of the term. Repayments can be weekly, bi-weekly, semi-monthly, or monthly. Katapult says retailers receive payment upfront and that it charges no late or insufficient-funds fees.

Retailers can connect through Magento, Shopify, WooCommerce, Salesforce Commerce Cloud, a JavaScript plugin, direct API integration, or in-store checkout. The API is REST-based, uses OAuth 2.0 and HTTPS, and has separate sandbox and live environments. Katapult says each integration receives a dedicated integrations engineer and engagement manager. It was founded in 2012 and is headquartered in Atlanta, Georgia. Pricing is available on request. Consumer service is available in 46 U.S. states and the District of Columbia.

Who it suits

Katapult may suit retailers that want to offer lease-to-own payments through online and in-store checkout, including merchants using its listed commerce platforms. Its customer option is aimed at people with low or evolving FICO scores who need items such as furniture, appliances, or electronics.

What it does well

Supports online, in-store, and omnichannel checkout.
Repayments can be weekly, bi-weekly, semi-monthly, or monthly.
Retailers receive upfront payment; settlement is next day.
No late or insufficient-funds fees on leases.
Offers plugins, JavaScript, direct API, and in-store integration.
Dedicated integration engineer and engagement manager for each integration.

What to know first

Pricing is available on request.
Consumer service is unavailable in Minnesota, New Jersey, Wisconsin, and Wyoming.

Limits

Consumer service is unavailable in Minnesota, New Jersey, Wisconsin, and Wyoming. Purchase timing and return options are subject to the customer’s lease agreement.

Getting started

Visit the Katapult website.
For consumer shopping, use the Katapult app or a participating store or retailer website.
Apply, shop for an eligible item, and select Katapult at checkout to start a lease.
Retailers can connect through a supported commerce extension, JavaScript plugin, direct API, or in-store checkout.
For a Shopify or Shopify Plus integration, follow Katapult’s Shopify guide; installation is estimated at about 30–40 minutes.
Retailer API integrations can use the separate sandbox and live environments.

Verdict

Retailers seeking lease-to-own checkout across supported online platforms and store locations may find Katapult a fit, especially if next-day settlement and upfront retailer payment matter. Its consumer service has state exclusions, and retailers need to request pricing to assess cost.

Questions

How much does Katapult cost?

Pricing is available on request.

Where can consumers use Katapult?

Katapult lists consumer coverage in 46 U.S. states and the District of Columbia. Its mobile app page names Minnesota, New Jersey, Wisconsin, and Wyoming as unavailable.

What repayment schedules are available?

Repayments can be weekly, bi-weekly, semi-monthly, or monthly.

Which platforms can retailers integrate?

Merchant options include Magento, Shopify, WooCommerce, and Salesforce Commerce Cloud, as well as a JavaScript plugin and direct API integration.

Does Katapult charge late fees?

Katapult says it charges no late or insufficient-funds fees on leases.

How can a customer start a lease?

Customers apply, shop in the Katapult app, and select Katapult at checkout. They can also use it at participating stores or retailer websites.

Facts from Katapult's own pages

API compatibility: Katapult describes its API as REST-based and compatible with retailers on custom and off-the-shelf platforms. · docs.katapult.com, 9 Oct 2026
API security: The API requires OAuth 2.0 authentication and HTTPS, and provides separate sandbox and live environments with distinct OAuth keys. · docs.katapult.com, 9 Oct 2026
Approval process: Katapult says its real-time approval process considers factors beyond credit scores and collects minimal customer information. · docs.katapult.com, 9 Oct 2026
Customer flow: Customers apply, shop in the Katapult app, then select Katapult at checkout to start a lease. · katapult.com, 8 Oct 2026
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. · katapult.com, 8 Oct 2026
E-commerce integrations: The documentation lists plugins for Magento, Shopify, and WooCommerce, plus a JavaScript plugin and direct API integration. · docs.katapult.com, 8 Oct 2026
Eligibility approach: Katapult says applying will not affect the customer’s credit score and describes its service as requiring no credit. · katapult.com, 8 Oct 2026
Fees: Katapult says it does not add late or insufficient-funds fees to leases. · katapult.com, 9 Oct 2026
Founded: 2012 · katapult.com, 28 Sept 2026
Headquarters: Atlanta, Georgia · katapult.com, 28 Sept 2026
Integrations: Merchant integration options include extensions for platforms such as Magento, Shopify, and WooCommerce, a JavaScript plugin, direct API, and in-store checkout. · docs.katapult.com, 9 Oct 2026
Late fees: Katapult’s e-commerce page says it charges no late fees. · go.katapult.com, 8 Oct 2026
Merchant integration setup: Katapult supports sandbox and live API environments, and its documentation says each integration receives a dedicated integrations engineer and engagement manager. · docs.katapult.com, 8 Oct 2026
Merchant onboarding: Katapult says each integration is assigned a dedicated Integrations Engineer and an Engagement Manager. · docs.katapult.com, 9 Oct 2026
Notable limits: The official site says the service is unavailable in Minnesota, New Jersey, Wisconsin, and Wyoming. · katapult.com, 9 Oct 2026
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. · katapult.com, 9 Oct 2026
Privacy and security: Katapult says it uses commercially reasonable administrative, technical, and physical measures designed to safeguard personal information. · katapult.com, 9 Oct 2026
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. · katapult.com, 8 Oct 2026
Retail categories: Katapult lists furniture, electronics, automotive and tires, mattresses, appliances, outdoor equipment, medical instruments, and hobby equipment as retail verticals. · go.katapult.com, 8 Oct 2026
Retailer payment: Katapult says retailers receive upfront payment while customers lease to own over time. · go.katapult.com, 8 Oct 2026
Security: Katapult’s privacy policy says it uses commercially reasonable administrative, technical, and physical measures designed to safeguard personal information. · katapult.com, 8 Oct 2026
Service availability: The mobile app page says the service is unavailable in Minnesota, New Jersey, Wisconsin, and Wyoming. · katapult.com, 8 Oct 2026
Shopify support: The Shopify guide says the integration supports Shopify and Shopify Plus and estimates installation takes about 30–40 minutes. · docs.katapult.com, 8 Oct 2026
Shopping channels: Consumers can use Katapult through its app, at participating store locations, or during checkout on participating retailer websites. · katapult.com, 9 Oct 2026

Where Katapult stands on Freedom251

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