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You can now fly with Virgin Australia and pay for it later

Posted: 15 October 2019 10:33 am
News

Man booking travel on laptopAirline introduces new buy now, pay later option for flights less than $1,000.

Set to launch in the first half of 2020, LatitudePay will allow travellers to book domestic or international Virgin Australia flights and pay for it in 10 weekly interest-free instalments.

The catch? This payment method is only available on bookings less than $1,000 and doesn't seem to be able to pay for Virgin Australia holiday packages.

Jetstar, which offers a similar book now, pay later program through Afterpay, allows for bookings for flights up to $1,200 to be put on lay-by. But, Afterpay only gives you 8 weeks rather than 10 to pay off your booking.

Virgin first announced it would be offering a book now, pay later option back in August 2018 with Zip Co, which failed to launch as expected.

An exact launch date for LatitudePay to become an official payment option on Virgin's website hasn't been announced yet.

Along with about 1,950 other partners, LatitudePay also recently launched with the likes of Luxury Escapes and Scoopon. It's also available for use in-store at more than 9,000 retailers across Australia and New Zealand.

If selecting the LatitudePay option, you will need to first get approved by the program. When making a purchase, you'll need to pay the first 10% upfront with the rest being paid in weekly instalments for the next 9 weeks. While the program doesn't charge interest with each instalment, if a payment is missed a $10 fee is charged.

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