Afterpay launches in major NZ retailers: The Warehouse, Noel Leeming and Warehouse Stationery
DISTRIBUTED-WORK-MODEL/AUCKLAND, NEW ZEALAND, WEDNESDAY 3 April, 2024 – Afterpay, New Zealand’s leading buy now, pay later platform (BNPL), has launched its Pay it in 4 services in-store with Kiwi fave The Warehouse, tech and appliances retailer Noel Leeming, and office and crafting experts Warehouse stationery nationwide – each offering their customers more flexible payment options.
Afterpay enables Kiwis to shop for a range of great products across tech, gaming, health & wellness, and beauty, appliances, toys, clothing, stationery, home, outdoors while managing their spending over time.
The three brands, under local parent company, The Warehouse Group, are the latest merchants to join the extensive list of retailers in New Zealand offering Afterpay as a convenient and flexible payment solution. Afterpay is also available at thousands of other retailers across New Zealand.
Whether it’s stocking up on new clothing and shoes for the whole family, grabbing pet items, or getting your hands on a new coffee machine, Afterpay gives Kiwis the ability to pay better by managing their payments in fortnightly instalments without incurring interest, while managing their spending responsibly.
Some of the largest verticals shopped by Afterpay consumers are apparel and accessories, department stores, travel and experiences, health & wellness as well as beauty and cosmetics.
Michael Ryan, Vice President APAC at Afterpay, said, “We are thrilled to announce the launch of Afterpay in-store at three of The Warehouse Group’s biggest brands across New Zealand. This partnership marks a significant milestone in our commitment to providing convenience and flexibility to Kiwis up and down the country. By introducing Afterpay’s flexible payment solutions to more household Kiwi brands, we are elevating the shopping experience, driving growth, and solidifying our position as market leaders.”
Unlike a credit card, Afterpay doesn’t provide customers with a high upfront spending limit. Customers are started on low limits — several hundred dollars at most — and required to make their first repayment upfront. With the goal of exposing customers to the lowest possible risk, customers cannot use Afterpay if they have missed a repayment and late fees are capped so as not to cause customers to revolve in debt.
Afterpay is available both in-store and online across thousands of retailers, to help Kiws budget for everything in their life from travel and ticketing, fashion and health & wellness, to homewares, tech, appliances and DIY. Kiwis can head to the Afterpay website (www.afterpay.co.nz) or the Afterpay app to browse the deals and shop in-store and online.
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About Afterpay
Afterpay is transforming the way we pay by allowing customers to buy products and services immediately and pay over time – enabling simple, transparent and responsible spending. We are on a mission to power an economy in which everyone wins.
Afterpay is offered by thousands of the world’s favourite retailers and used by millions of active global customers. Afterpay is currently available in Australia, Canada, New Zealand, the United States and in the United Kingdom, where it is known as Clearpay. Afterpay is a wholly owned subsidiary of Block, Inc. (NYSE: SQ).
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