Buy now, pay later business Afterpay (branded as Clearpay here in the UK), is now offering installment payment for subscriptions.
In Brief:
Users in the US will be able to use “buy now, pay later” options for subscriptions.
These include recurring purchases like gym memberships or online services.
Currently, merchants including Savage X Fenty and Fabletics have been added.
What does this mean?
Afterpay says it will offer its US customers more flexibility to pay for monthly outgoings as well as helping merchants reach more users.
