Pay by Layby is an Australian financial technology company that has adapted the traditional lay-by payment method for the e-commerce landscape. The platform enables consumers to pay for online purchases via scheduled weekly, fortnightly, or monthly instalments from a nominated debit or credit card. Unlike Buy Now, Pay Later (BNPL) services, the goods are only dispatched to the customer after the final instalment has been paid. The company's mission is to provide a simple, transparent, and debt-free way for customers to shop online, offering no interest, no credit checks, and no hidden fees.

Founded in

New Zealand