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Laybuy is an option for business owners looking to attract a larger customer base through a payment plan or customers opting to spread the cost of their shopping over a more manageable period of time. Laybuy is a 0% interest, buy now pay later solution. Like other buy now pay later services, Laybuy allows customers to receive their items right away, but pay for them over time. If you're a business owner, Laybuy could help you attract more customers and remove some of the obstacles in their journey from cart to checkout. Customers have the benefit of paying nothing for the service, as long as repayments are met on time.
$120
Min Loan Amount
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Laybuy is a buy now pay later solution partnered with a variety of online and in-store retail outlets, ranging from vaping accessory stores to children's couture fashion. Laybuy is potentially beneficial for both customers and businesses, and works differently for each.
Interest-free | Laybuy does not charge interest to customers. Customers who meet their repayments on time only pay for what they buy. |
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Quick approval | Laybuy offers quick approval after running a soft credit check on applicants. |
Credit limit | Customers will be offered a credit limit which is determined based on their credit score. If your credit isn't excellent, you may still be eligible for Laybuy, but your credit limit will likely be lower than someone with a higher score. |
Six weekly instalments | Customers pay for their purchases over a period of six weeks, with the first payment coming out at the time of purchase and the remaining cost spread evenly over five weekly payments. |
Up to $1,200 purchasing power | Laybuy offers a minimum credit limit of $120 and a maximum limit of $1,200. |
Regular limit reviews | Laybuy reviews its customer's credit limits every two to three months and emails customers directly if they're eligible for an increase. |
In-store and online | Laybuy is available both in-store and online via partnered retail outlets. |
Automatic repayments | Customers sign up to Laybuy using a credit or debit card. Their nominated card will be charged accordingly each week without requiring action. |
Transaction fee | As a merchant, offering your clients a comprehensive payment plan for your product could increase your sales. |
Customers can still opt to make purchases over their credit limit using Laybuy, they will just be required to pay the difference upfront. For example, if a customer's credit limit is $200, they can make a $400 purchase by paying $200 upfront and repaying the remaining $200 over 5 weekly repayments.
To sign up for Laybuy, simply click "Go to site" and provide your data.
If you think Laybuy could be the right buy now pay later solution for you or your business, signing up is quick and easy. However, it is always worth comparing buy now pay later options prior to submitting an application, to make sure that you make the best possible decision.