Buy Now Pay Later

Understand all your payment options when you are getting some retail therapy.

Klarna.com/nz/
59179
Klarna.com/nz/

Pay in 4 instalments everywhere online.

Total Payment Duration

6 weeks

Late Fee

from $9 - $45

App

Yes

  • Shop your favourite brands and get rewards for shopping with our rewards club.
  • Split the cost of your purchase into 4 payments, paid every 2 weeks. No interest.
Eligibility

You must be 18 years old and capable of entering into a legally binding contract.

More Info
Zip.co/nz
53077
Zip.co/nz

Get your purchases now but spread the cost over 4 fortnightly, interest-free payments.

Total Payment Duration

6 weeks

Late Fee

$8 default fee + $8 weekly

App

Yes

  • Every purchase you make with Zip is interest free. Online or instore.
  • Spread your purchase across 4 equal fortnightly payments
  • Get approval in minutes for up to $1,000 spending, and pay only 25% when you shop.
  • A $6 monthly account fee applies for Zip Pay and Zip Money accounts. Pay your balance by the due date and we’ll waive the account fee.
  • late fee of 1.5% after 21 days
Eligibility

Live in New Zealand

Are at least 18 years old

Have a valid and verifiable email address and mobile number

Have a NZ Driver Licence or other supported Photo ID

Use a New Zealand debit or credit card to make the purchase

More Info
afterpay.com
51038
afterpay.com

Pay for your purchase over 4 installments, due every two weeks. You’ll pay your first installment at the time of purchase.

Total Payment Duration

6 weeks

Late Fee

$10 and a further $7 if the payment remains unpaid 7 days after the due date.

App

Yes

  • Orders ship as they would with any other form of payment, as quickly as you choose. Delay the pay, not your gratification.
  • Afterpay is always zero interest, and there are never additional fees when you pay on time.
Eligibility

Live in New Zealand

Are at least 18 years old

Are capable of entering into a legally binding contract

Have a valid and verifiable email address and mobile number

Use a New Zealand credit or debit card to make the purchase

More Info
genoapay.com
51430
genoapay.com

Get the products and services you need today, pay for them over 10 weekly installments.

Total Payment Duration

9 weeks

Late Fee

$10

App

No

  • Pay 10% upfront and the rest in 9 weekly automatic payments. That’s more leeway to pay than other payment plans.
  • Pay each instalment on time and it won’t cost a cent more than the purchase price.
  • Shop at your favourite participating store or online (between $20 to $1,000 subject to approved account limit).
Eligibility

You will need to be at least 18 years of age

Hold a valid New Zealand drivers license or New Zealand passport

Have a debit or credit card

More Info
Laybuy.co.nz
51427
Laybuy.co.nz

Take your purchase now, and pay it in 6 automatic weekly payments on the day of your choice.

Total Payment Duration

5 weeks

Late Fee

$10

App

Yes

  • Only pay the price of your purchase, when you pay your instalments on time.
  • Take your purchase now, and pay it in 6 automatic weekly payments on the day of your choice
  • The first payment equal to one sixth of the purchase price occurs once your order is completed. The remaining 5 payments are processed each week.
Eligibility

Must be a New Zealand resident

Are at least 18 years old

Before you can use Laybuy you need to provide us with your full name, residential address, email address and your mobile number for the credit check/verification.

We will also need your Visa Debit or Credit Card details so that we can deduct the amounts in connection with your purchase.

More Info
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What is Buy Now Pay Later?

Buy now pay later is a purchasing scheme that allows consumers to obtain goods or services either instore or online without paying the full amount upfront. The consumer is able to take the item home on the day by making a small deposit. The remainder of the price is then paid off in scheduled payments over a fixed time period.

Well known companies offering Buy Now Pay Later services in New Zealand are:

  • Afterpay
  • Laybuy
  • Oxipay
  • PartPay


How much does Buy Now Pay Later cost?

It depends on the provider as to the fees and charges associated with Buy Now Pay Later. Many New Zealand providers offer interest free, no fee services based on the condition that the scheduled payments are made. If the buyer fails to make payments, fees will be charged.


How do I use Buy Now Pay Later?

At the checkout stage of a purchase, if a Buy Now Pay Later option is available, this will be visually or verbally known to the purchaser. If you are unsure whether the retailer has the Buy Now Pay Later option, you may enquire with the individual retailer. Often it is as simple as downloading an app.