With many retailers and online stores now offering buy now, pay later options, you’re probably wondering what’s the best option for me? We’ve broken down the pros and cons of the most popular options to help you choose.

07 Mar

Pay Later Options... Which One Do I Go With?

March 07, 2018 By Vedran Yaksich

Comparing Pay Later Options

Life has been made so much easier when shopping online with the "pay-later" option. But, it's not so easy to decide which one works best for you, especially when there are a fair few to choose from.

For our store, we've partnered with zipPay which is simple to use and convenient.

Out of the many pay-later platforms, other options include Afterpay and Oxipay.

Which do you feel will suit you? You have to consider your own situation, as each pay-later options have a number of pros and cons.

We've outlined a quick summary below.


Pros	Pros	Pros
Interest-free for the entire term Changeable pay frequency 60-day fee free	Interest-free for the entire term No monthly transaction fees	No upfront or ongoing fees Interest-free for the entire period
Cons	Cons	Cons
Monthly fees, apply after 60 days Minimum of $40 repayments required	Late payment fee of $15 A fee of $30 for payment collection	Unable to change the payment schedule Repayment term is only 8 weeks