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BNPL provider Laybuy signs on new retail partners

Kiwi buy now pay later provider, Laybuy has welcomed new retailers SurfStitch from the Alceon Group with a portfolio of brands including Noni B, Ezibuy, Cheap as Chips and Lego stores, and one of Australasia’s largest computing and technology retailers, PB Tech, following its expansion into Australia a few weeks ago.

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These retailers join the 1,500 Australian merchants already on board with Laybuy including Ally Fashion, footwear brand Senso and fitness brand Muscle Nation.

Alceon executive director, Richard Facioni said there is an appetite for new ways to pay and BNPL is a key part of the future.

“Laybuy has changed the game in New Zealand and become a key player in Australia almost overnight. The company’s payment terms and interest-free promise means we can offer our customers a highly attractive alternative.”

PB Tech’s Eric Li said joining forces with Laybuy was a natural fit for the business. “PB Tech is proudly New Zealand owned and our goal has always been to provide the best value shopping destination for all things tech. With Laybuy’s weekly payment model, our customers have a new and flexible option to spread the cost of their dream tech and IT gear over six easy interest-free payments.”

Laybuy co-founder, Gary Rohloff said he was excited at the opportunity to work with Alceon Group – one of Australia’s biggest retail groups. “Alceon is a huge win for us with such an extensive reach in Australia and in our first home of New Zealand. Online fashion, footwear and swimwear brand, SurfStitch is the first to go live with other Alceon brands planned in the first half of 2020.”

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