In less than a year since launching, Laybuy has quickly become a must-have for NZ retailers. The buy now, pay later provider is now used by over 185,000 New Zealand consumers and available at over 2,150 locations nationwide.
The fast-growing New Zealand start-up has attracted the attention of leading New Zealand fashion retailers such as Superette, Karen Walker, Shine On & Ruby, just to name a few who offer their service. Laybuy brings the traditional lay-by system into the 21st-century digital world through their solution allowing your customers to buy and receive their goods today and spread the total cost over 6 weekly payments interest-free with no extra costs.
Laybuy is available for both online and in-store shopping, and their service can seamlessly integrate with all major web stores as well as a large variety of POS providers including Vend, Advanced Retail, Ontempo and Retail Arena to name a few. Laybuy also offers a standalone POS solution, LaybuyGO, which can be used for in-store purchases and does not require any integration with your POS system. This web-based solution can be enabled in a matter of minutes once a retailer signs up with Laybuy.
“Creating a user-friendly in-store solution that is quick and easy to use for both retailers and shoppers has always been a focus for Laybuy. We’ve seen great results from retailers offering Laybuy both in store & online and creating a seamless omnichannel experience for their customers. LaybuyGO has helped make our service available to all retailers regardless of their POS provider instead of waiting for integration with their POS provider which can be both timely and expensive,” said Alex Rohloff, Head of Operations.
For retailers, Laybuy removes the cash flow impact and administrative requirements of an in-house layby (or layaway) system. Laybuy takes responsibility for customer payments while ensuring the sale is completed immediately. As a merchant, you receive payment within 48 hours for the purchase.