Buy now, pay later schemes have existed well before most of us were born. But no layby, interest free finance or credit card program has garnered more popularity and rapid uptake as Afterpay and ZipPay programs. The benefits of these finance options are clear: you can pay off your purchase (big or small) over multiple instalments that suit you, at no extra cost. But which instalment plan is best for buying those essential baby items? Read on to find out whether Afterpay or ZipPay is best when purchasing a pram!
Most consumers would know of Afterpay, who kicked off the new generation of lay-by in 2015. ZipPay followed suit later in the year, and whilst Afterpay is the most popular of the two, ZipPay is growing at a faster rate. Whilst consumers are using Afterpay in droves, more and more businesses are opting to offer ZipPay only as the platform offers cheaper transaction costs and commissions on sales.
When purchasing a pram, both bricks and mortar stores and online-only pram retailers including Babybee offer both Afterpay and ZipPay options.