Pay-later schemes: What retailers need to know

Furniture etailer Worldstores.com has partnered with payday loan company Wonga

Furniture etailer Worldstores.com has partnered with payday loan company Wonga to offer customers a new online payment tool, PayLater, which allows them to spread the cost of a purchase over three months. Retail Week looks at the pros and cons of offering such payment options.

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