UAE start-up offers ‘buy now, pay later’ scheme to in-store shoppers – ZAWYA

UAE start-up offers ‘buy now, pay later’ scheme to in-store shoppers – ZAWYA

UAE start-up offers 'buy now, pay later' scheme to in-store shoppers | ZAWYA MENA Edition HomeBusinessFinancial ServicesArticleUAE start-up offers 'buy now, pay later' scheme to in-store shoppers Deferred payment tool no longer just available to online customers    Image for illustrative purpose only. Artists and designers work on arrangements for clothing items to be sold online at an eBay Fashion photo shoot in San Francisco, California. UAE-based start-up Spotii is enabling shoppers to avail themselves of their interest-free 'buy now, pay later' scheme both online and in store.The FinTech firm announced on Sunday that it is extending its deferred payment tool to customers who shop at physical stores, rather than offer it exclusively to Internet users.In April this year, the new firm unveiled its online payment scheme that allows consumer to purchase goods and worry about the full payment later. Buyers are only required to make a 25 percent down payment at checkout and settle the balance in three instalments.The FinTech firm announced on Sunday that it is extending its deferred payment tool to customers who shop at physical stores, rather than offer it exclusively to Internet users.UAE-based start-up Spotii is enabling shoppers to avail themselves of their interest-free 'buy