JD Sports and Boohoo launch pay in instalments with Afterpay

JD Sports Dublin

JD Sports has joined the throng of retailers to launch pay by instalments with Afterpay, allowing shoppers to split the cost of their purchase over four payment periods, following its UK debut.

Afterpay, which is the market leader in Australia where 10% of all ecommerce sales are made using its service, launched in the UK earlier this month under the Clearpay brand and has signed up 50 brands to the service including Boohoo, Urban Outfitters and Smiggle.

Customers choose the Clearpay option at checkout to pay four interest-free payments every two weeks. After entering their debit or credit card details, consumers receive instant approval.

Afterpay is one of several payment disruptors pioneering ‘buy now, pay later’ options in the UK with Swedish giant Klarna and New Zealand firm Laybuy also serving the market.

Subscription content

Please sign in now if you have a subscription

Retail Week

Register to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • 3 free articles a month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.