Thanks to Clearpay you can buy now and pay later at Marks & Spencer

Posted: 30 October 2019 12:36 pm
News

Marks & Spencer X Clearpay

Marks & Spencer has officially joined up with payment service Clearpay and will start offering its customers the option to buy now and pay later.

As the option to shop online right now and pay off the bill later becomes increasingly popular in the UK, more and more retailers are jumping at the chance to offer the service to their customers.

The latest in a long line of retailers to partner with a buy now pay later payment service is UK high street giant Marks & Spencer.

Marks & Spencer has announced it will be partnering with payment service Clearpay (sister of Australian payment service brand Afterpay) to allow its customers to split online shopping totals into four equal amounts. The first of these amounts will be payable upon confirmation of the order and the three following payments will be due at two-week intervals after this.

Buying now and paying later allows customers to split the cost of shopping, particularly larger purchases, into more manageable chunks. Most payment services will automatically take payments from your bank account or debit card at pre-arranged times (e.g. every two weeks for Clearpay) to minimise the risk of missed payments. However, as with any financial commitment, it’s important to understand all the terms and conditions of using a payment service like Clearpay.

If you’re interested in learning more about Clearpay as a payment service you can check out our review here. Alternatively you can check out the full list of stores that are now accepting Clearpay as a payment method.

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