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20 Apr 2021 9:02
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  •   Home > News > Business

    "Buy now pay later" ... is on the rise in New Zealand

    "Buy now pay later" ... is on the rise in New Zealand


    The method allows consumers to to get an item immediately, but spread payments over weeks.

    Global payment expert Phil Pomford says the system grew 10 per cent in New Zealand last year, and by 2024 could outstrip card transactions.

    He says last year e-commerce grew at the fastest rate in the past five years.

    Pomford says Covid-19 has accelerated many trends that were already kicking off.

    © 2021 Newstalk ZB, NZCity


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     Today's News

    Entertainment:
    Prince Philip has been laid to rest 8:52

    Soccer:
    Former Manchester United and England football defender Gary Neville has again slammed his old club over its involvement in the proposed European Super League breakaway, which already has 12 signatories 8:36

    Entertainment:
    Prince Harry and William shared a private chat as they walked together following their grandfather Prince Philip's funeral 8:22

    Business:
    A review of the troubled Transmission Gully motorway has found problems stem from the planning stage 8:16

    Auckland:
    Police are searching for a man who went missing while fishing on the rocks at Piha, on Auckland's West Coast 8:06

    General:
    If you've got an aversion to needles, Sarah Walker may have a solution 7:56

    Entertainment:
    Prince Harry and Duchess Meghan paid tribute to Prince Philip's Greek heritage with their choice of flowers for the wreath at his funeral 7:52

    Business:
    Lessons will be learnt from Transmission Gully 7:36

    Environment:
    Fire crews are responding to a house fire in the Otago town of Waitati 7:36

    Cricket:
    Kane Williamson's ready to play for Hyderabad in cricket's Indian Premier League, if required 7:26


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