UK sports retailer JD sports have added another ‘buy now pay later’ scheme to its store with its latest addition Laybuy. The new partnership will allow JD customers to pay for goods interest-free in six weekly instalments. JD sports already offers a number of BNPL services including Klarna and Cleapay, which demonstrates a customer demand for flexibility at the checkout.
J&P comments
Last week, J&P Accountants published Laybuy’s partnership with WHSmith, which also offers a Boos Option that allows shoppers to pay more upfront in case just in case their credit limit won’t cover the purchase. Furthermore, we also reported that two million shoppers in the UK had their credit scores damaged due to ‘buy now pay later’ schemes which had increased consumer debt.
