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Katapult
Atlanta, Georgia
What it is
Katapult offers lease-to-own payments for eligible purchases, letting customers apply, shop in its app, and select Katapult at checkout. The service is also available through participating stores and retailer websites. Katapult says applications do not affect a customer’s credit score, requires no credit, and uses real-time approval that considers factors beyond credit scores while collecting minimal information. Customers may keep scheduled payments, use an available early purchase option, or return merchandise under their agreement. Purchase can be available within three months, later in the lease, or at its end. Repayments may be weekly, bi-weekly, semi-monthly, or monthly. Retailers receive upfront payment, and Katapult says leases have no late or insufficient-funds fees. Merchant connections include Magento, Shopify, WooCommerce, Salesforce Commerce Cloud, JavaScript, direct API, and in-store checkout. The API uses OAuth 2.0 and HTTPS with sandbox and live environments. The service is unavailable in Minnesota, New Jersey, Wisconsin, and Wyoming.
For and against
For
- Offers multiple repayment schedules
- No late or insufficient-funds fees
- Supports app, stores, and retailer websites
- Provides several merchant integrations
- Includes sandbox and live API environments
Against
- Unavailable in four states
- Pricing is available on request
- Lease returns remain subject to the agreement
The verdict
Katapult combines lease-to-own checkout with retailer integrations and several repayment schedules. Its state availability limits and agreement-based purchase or return choices deserve attention before adoption.
Who it suits
It suits shoppers seeking lease-to-own options and retailers adding omnichannel checkout. Retailers can use supported commerce integrations, a dashboard, and separate API environments.
On the record
- API compatibility
- Katapult describes its API as REST-based and compatible with retailers on custom and off-the-shelf platforms.docs.katapult.com · read 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 · read 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 · read 9 Oct 2026
- Customer flow
- Customers apply, shop in the Katapult app, then select Katapult at checkout to start a lease.katapult.com · read 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 · read 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 · read 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 · read 8 Oct 2026
- Fees
- Katapult says it does not add late or insufficient-funds fees to leases.katapult.com · read 9 Oct 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 · read 9 Oct 2026
- Late fees
- Katapult’s e-commerce page says it charges no late fees.go.katapult.com · read 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 · read 8 Oct 2026
- Merchant onboarding
- Katapult says each integration is assigned a dedicated Integrations Engineer and an Engagement Manager.docs.katapult.com · read 9 Oct 2026
- Notable limits
- The official site says the service is unavailable in Minnesota, New Jersey, Wisconsin, and Wyoming.katapult.com · read 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 · read 9 Oct 2026
- Privacy and security
- Katapult says it uses commercially reasonable administrative, technical, and physical measures designed to safeguard personal information.katapult.com · read 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 · read 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 · read 8 Oct 2026
- Retailer payment
- Katapult says retailers receive upfront payment while customers lease to own over time.go.katapult.com · read 8 Oct 2026
