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11 Apr 2021 10:05
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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:
    Niecy Nash received a jumbo cashmere blanket from Oprah Winfrey as a wedding gift 9:58

    Entertainment:
    Ingrid Michaelson has opened up about mistakenly suggesting that Zayn Malik and Gigi Hadid were 'married' 9:28

    Environment:
    At least six people are dead, and buildings have been damaged, on Indonesia's main island, Java, after a magnitude 6 earthquake 9:26

    Entertainment:
    Kyra Sedgwick hated the engagement ring Kevin Bacon proposed with 8:58

    Entertainment:
    Kim Kardashian West thinks "all" of her family will be billionaires one day 8:28

    Basketball:
    Despite 33 points from forward Finn Delany, the Breakers have lost again in the Australian basketball league 8:16

    Soccer:
    Chelsea's moved back into the top four of football's Premier League with a 4-1 win over Crystal Palace 8:06

    Golf:
    It's a congested leaderboard midway through moving day of golf's Masters 8:06

    Entertainment:
    Nick Cannon has a "newfound respect" for 'The Masked Singer' contestants after taking part himself 7:58

    Rugby League:
    Teenager Sam Walker's produced second half masterclass to lead the Sydney Roosters to a 26-18 NRL win over the Cronulla Sharks 7:56


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