Storbie is partnering with Laybuy, a New Zealand payment system giving shoppers more choice at the checkout, and the roll out is happening just in time for the Christmas rush.
Laybuy will allow Storbie shops the ability to offer interest-free deferred payments to consumers over six weeks.
Buyers will have the option to select the “Pay by Laybuy” option at the checkout, and pay just one sixth up front. The remainder owing will be paid in weekly instalments, but with the sale immediately completed, and sellers receiving payment within 48 hours.
As opposed to in-store layby, there’s no need to put stock aside pending a later payment and LayBuy assumes all non-payment risk.
Launched at the end of May with just a handful of retailers, such as Hallensteins and Number One Shoes, Laybuy has quickly grown to include hundreds on their Merchants list.
For more information on Laybuy and how the system works, view their site here.
To be set up with Laybuy in Storbie, contact Storbie Support today.
