payitlater
Information by Research TrustFinance
Payitlater was an Australian fintech company that operated in the Buy Now, Pay Later (BNPL) sector. It provided a payment platform for online and in-store merchants, enabling their customers to purchase goods and services immediately and pay for them over four equal, interest-free fortnightly installments. The service was designed to increase sales conversion and average order value for retailers. In March 2021, Payitlater was acquired by a larger BNPL provider, Openpay. However, the parent company, Openpay, entered receivership in February 2023 and ceased all trading operations, leading to the discontinuation of all its services, including Payitlater.
Australia
Industry
- PaymentPRIMARY
- Other Service
Financial