pay later news and archive

What role will buy-now, pay-later programs play in inflation?

Buy-now, pay-later might not be a new concept (hello, credit cards and mortgages). However, programs like Affirm, Klarna, Afterpay, and Zip have modernized what could be likened to layaway in the old days with installment plans that are interest-free if you pay within a certain timeframe. This sounds almost too good to be true, but these...

Retail|IN-DEPTH Featured

“Buy now, pay later”: pay-by-installment rises in fashion thanks to indebted millennials

Those following the fashion industry closely have probably noticed the name Klarna popping up again and again among the headlines. The Swedish fintech company, which raised 460 million US dollars (approximately 368 million pounds) in equity funding in August, has announced a series of fashion partnerships over the last six months, including...

Fashion

Gymshark introduces pay later service to the UK and Nordics

Fitness wear brand Gymshark has announced the launch of its new Pay Later service in the UK, Sweden, Norway, Finland and Denmark. Gymshark partnered with online payment provider, Klarna, for the new service which is already being used by the likes of Asos, Topshop, H&M and JD Sports. The pay later feature allows customers to try on their...