Service offers consumers spreadable payment options on purchases.
Pay4Later, one of the UK’s fastest growing providers of promotional credit, has been selected by The National Association of Goldsmiths (NAG) to provide in-store and online consumer finance solutions to their member retailers.
The company offers a number of credit options for retailers and consumers including 0% interest free credit. Its services will be available to more than 1,400 NAG members who together run more than 2,000 retail outlets across the UK selling jewellery and watches.
The agreement allows NAG member retailers to offer payment solutions that help customers spread the cost of larger jewellery and watch purchases over terms from 6 to 48 months, which may come as a relief to consumers who are getting used to price rises while still wanting to shop for presents and luxury goods.
Amanda Reavell, general manager of the NAG said: “We were impressed with Pay4Laters efficient and ethical approach to consumer finance, and with their support for independent retailers. Pay4Later enables our member retailers to offer credit in-store and online with a fast, paperless system that results in a great customer experience.”
Scott Law, managing director of Pay4Later added: “The NAG has been promoting the highest professional and educational standards in the jewellery industry for more than 100 years. We’re very pleased to be working with Amanda and her team to help members maximise the benefits of point of sale credit.”