New Zealand consumers remain wedded to their plastic cards for buying goods and services, but change is coming as more choose to adopt digital wallets on their devices.
New Zealand consumers remain wedded to their plastic cards for buying goods and services, but change is coming as more choose to adopt digital wallets on their devices.
Mortgage Business
Citi’s BNPL offering ‘Spot.’ to launch in October By Annie Kane 05 August 2021
Pre-registrations have opened for Citi’s upcoming buy now, pay later offering, Spot., which will launch in October.
Citi Australia (Citi) has announced that its ‘interest-free’ buy now, pay later (BNPL) product will go live in October under a new brand, Spot..
As previously reported, the bank is launching the new proposition to enable customers to pay for goods up to the value of $1,000 using the digital card, which can then be repaid in four fortnightly instalments.
For purchases of $200 or more, customers will also have the option to pay a $10 flat fee to break the payments into eight smaller fortnightly payments, should they so wish.