15 June 2021

Laybuy introduces instore BNPL to the UK with new card

Written By FinTech Alliance

Laybuy introduces instore BNPL to the UK with new card

Buy now, pay later FinTech Laybuy is enabling in-person payments with a new card. 

In Brief:

Laybuy’s virtual card can be loaded onto a smartphone through the Laybuy app. 

It can then be used to make purchases at physical stores in the UK. 

Customers then pay for items in six interest-free installments. 

What does this mean?

Buy now, pay later solutions have soared in popularity throughout the pandemic, hand in hand with the rise in ecommerce purchases – but it remains to be seen what this will look like as physical retail is picking up again. 

Laybuy’s solution not only means customers can use the app in-store, but it also plans to enable customers to use it in all stores (following its rollout among partnered merchants) - so it will essentially act like a credit card. 

Read more here. 

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