In addition, on Thursday 20 and Friday 21 August, 2020, Clearpay users in the UK will be able to access exclusive offers from hundreds of their favourite retailers as part of Clearpay’s bi-annual ‘Clearpay Day’, with discounts and special promotions from retailers such as Anthropologie, Coggles, Marks & Spencer and Urban Outfitters.
Customers will also now have visibility into their estimated spend limits, the option to reschedule payments, and the ability to pay off some or all of an outstanding balance ahead of a scheduled payment.
Clearpay’s UK CEO, Carl Scheible, said: “We are thrilled to build on the momentum we have in the UK market by launching these exciting new retailers and product features.
“We are always looking to grow and evolve our offering to meet our customers’ needs. We are equally excited to bring back Clearpay Day just ahead of autumn shopping. There is no better time to offer our customers deals and promotions with our retail partners.”
More than one million UK customers now use Clearpay at more than 1,400 top retailers, after just one year since launching in the market.
Clearpay, owned by Afterpay Limited and known as Afterpay in the US, Australia and New Zealand, has transformed the way people pay by giving merchants the ability to allow shoppers to receive products immediately and pay in four simple instalments over a short period of time.
The service is completely free for customers who pay on time – helping consumers spend money responsibly without incurring interest, fees or revolving and extended debt.