Buy Now Pay Later Awards 2021

Kudos to the 2021 winners of the Mozo Experts Choice Buy Now Pay Later Awards. In the inaugural year of these awards, our Experts compared 14 Buy Now Pay Later (BNPL) companies to pinpoint the the most flexible, affordable providers with the best availability for Australian shoppers.

Mozo Experts Choice Awards 2021 Badge

What are the Mozo Experts Choice Awards?

Now in their eighth year, the Mozo Experts Choice Awards highlight financial products we believe offer great value to Australians looking to manage their money more effectively.

Recently we've extended the Awards program, using our expertise in research, data analysis and comparison to assess some of the places and ways in which Australians spend their money. Now, we are proud to announce the winners of the Buy Now Pay Later Awards.

“With so many Aussies ditching their credit cards and switching to Buy Now, Pay Later options, we felt like this modern day layby service deserved a place in the Mozo Experts Choice Awards this year,” said Mozo’s Data Director, AJ Duncanson.

“Whilst these services are growing in popularity, it pays to be cautious when choosing a service that suits your needs. Factors such as repayment terms, fees and where you can use the service should all be considered when comparing Buy Now, Pay Later providers. This year's winners are a great starting point to choosing a service for you."

For details on how we crunched the numbers and determined the award winners see our Buy Now Pay Later methodology report or read the FAQs below for more info about our judging criteria.

Small Purchases

For the Small Purchases award category, the judges considered how much it cost shoppers to make a purchase up to $250 repaid over a period of 4 weeks via BNPL services.


Klarna Logo


Competition was very tight in this category as many services facilitate small purchases which can be repaid over short periods for free. The freedom to use Klarna at every retailer that accepts Visa made it the clear winner of the Small Purchases award.


Major Purchases

Two repayment periods and dollar limit scenarios were considered to assess BNPL companies for the Major Purchases award category: purchases of $2,500 repaid over 8 weeks and purchases of $10,000 repaid over 24 weeks. 


humm logo


Humm has put a lot of thought into its Big Things, aka it’s major purchases option and scored a comfortable win in this year’s awards. Humm allows for purchases at a wide range of retailers, has longer repayment periods and can be used for larger purchases than most, and its late fees are reasonable – all factors which contributed to them securing this category award win.


Specialist Service

The Specialist Service award category identified BNPL companies offering great value across less common purchases which come with a higher price tag.


brighte logo


Brighte focuses on improvements for the home with a particular emphasis on supporting environmentally-friendly additions and devices. It was this specialisation that saw it score very strongly across the factors considered by our Experts who were on the lookout for Buy Now Pay Later companies facilitating larger purchases in niche areas. Anyone looking for a way to fund their home improvements may want to investigate what’s on offer at Brighte.



Frequently Asked Questions

What’s the Judging Criteria for the awards?

The Mozo Experts Choice Awards have been running since 2014, recognising products and services that deliver exceptional value or benefits to consumers.

See our Buy Now Pay Later methodology report for more detailed information on how we performed the comparisons and determined the final winners list.

Did you compare all Buy Now Pay Later services in the market for these awards?

For the inaugural Mozo Experts Choice Buy Now Pay Later Awards, our judges analysed a list of 14 BNPL companies operating in Australia. We don’t require companies to ‘enter’ our awards; instead we research the market to identify as wide a range of companies as we can. But we won’t have captured every companies in the market. 

Who are Mozo’s experts?

The Mozo Experts Choice Awards analysis is overseen by AJ Duncanson, Mozo’s Data Director. AJ is a data scientist and actuary, and has worked in financial services and product comparison for almost three decades. Together with our Research and Compliance Manager, Peter Marshall, the team has over 50 years of financial services experience.

I work for a Buy Now Pay Later company, how do we promote our win?

Please get in touch to discuss promoting your win by emailing our account management team.