Financing: How to buy an e-bike without breaking the bank

Upway offers financing options through Affirm, Klarna & Shop Pay Installments. The payment terms provided are determined by factors such as the bike’s price, your selected schedule, and your credit score. Upway has no influence on what is offered. These options can be found at the final step of checkout, after you've filled in the shipping information. Affirm, Klarna & Shop Pay installments are all available under the credit card payment fields. 

Financing is not available when you choose Express Checkout (e.g. with Apple Pay) in the beginning of the checkout process.  

If you're interested in splitting your purchase across different payment methods (e.g. pay a deposit with a credit card & finance the rest with Affirm), please reach out to us through the chat on our website or send an e-mail to

Affirm offers both Pay-in-4 & Monthly Payments options. Creating an Affirm account and seeing if you prequalify will not affect your credit score. If you decide to buy with Affirm, these things may affect your credit score: making a purchase with Affirm, your payment history with Affirm, how much credit you've used, and how long you’ve had credit. Your purchasing power is an estimate of how much you are prequalified to spend with Affirm. You don't have to use the full amount, and you're not on the hook to pay anything back until you actually make a purchase.

Affirm doesn't charge any fees. That means no late fees, no prepayment fees, no annual fees, and no fees to open or close your account.

Depending on the size of your purchase and where you’re shopping, your payment plan may include interest. You’ll never owe more interest than you agree to on day one—so you always know exactly what you’re getting into.

With Klarna, you choose exactly how much you want to pay and when. There's a flexible payment method that works with your budget. With Klarna, you can choose between Pay in 4, Pay Now, Pay in 30 days or Financing plans that range from 6 to 24 months with interest rates ranging from 7.99% to 33.99% APR. 

There are two kinds of credit checks—hard and soft. Soft credit checks, the kind Klarna runs for Pay in 4, have no impact on your score because they are not reported to the credit bureaus. If you’re interested in Klarna's financing options, a hard credit check might be required. This will be reported to the credit bureaus and will show up as an inquiry on your credit report. Monthly financing through a Klarna credit account is issued by WebBank, member FDIC.

Shop Pay offers you the option to pay in full at checkout, or to split your purchase into regular payments with Shop Pay Installments. Installment options vary and can be used on orders over $50 USD, including discounts, shipping, and taxes. Your credit scores aren't impacted if your purchase is split into 4 bi-weekly payments using Shop Pay Installments. If your purchase is split into monthly payments, then your payments may be reported to a credit bureau.

Purchases between $50 USD to $17,500 USD are eligible for Shop Pay Installments, with options to:

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