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11 Apr 2021 19:27
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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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     Top Stories

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    The Crusaders have returned to winning ways in Super Rugby Aotearoa, but have needed an golden point extra time drop goal to do so More...


    BUSINESS BUSINESS
    Claims concerns around a mid-Canterbury irrigation scheme are stirring misinformation More...



     Today's News

    Environment:
    The Crusaders have returned to winning ways in Super Rugby Aotearoa, but have needed an golden point extra time drop goal to do so 18:57

    International:
    Iran's Natanz nuclear site has a problem involving its electrical distribution grid 18:37

    Law and Order:
    A man who crashed into a police car while fleeing from officers investigating an assault on Auckland's Ponsonby Rd has been arrested 18:27

    Soccer:
    Wellington Phoenix coach Ufuk Talay's insists his side remains a shot of making the A-League finals 18:17

    Environment:
    A strong earthquake on Indonesia's main island of Java has killed eight people, including a woman whose motorcycle was hit by falling rocks, and damaged more than 1300 buildings 17:37

    Cricket:
    White Ferns stand-in skipper Amy Satterthwaite's calling for better efforts with the bat 17:17

    Cricket:
    Black Cap Jimmy Neesham believes his Indian Premier League side the Mumbai Indians has what it takes to go back to back 16:57

    Business:
    Claims concerns around a mid-Canterbury irrigation scheme are stirring misinformation 16:17

    Golf:
    Justin Rose is reflecting on a tough third round at golf's Masters 16:17

    Entertainment:
    Prince William says his son Prince George got “so sad” whilst watching a nature documentary that they had to “turn it off” 15:58


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