Fans of the fast-fashion retailer H&M will be pleased to learn about this new development. The
firm has announced that it has introduced a payment option that will allow them
to defer the settlement of their bill.
The brand has collaborated with a financial company to offer
a new and personalised payment service that is flexible and frictionless. The
best part is that it features a “Pay
Later” solution for shoppers who are members of its loyalty program. These
customers can shop for items, both in stores and online, now and then settle
the bill at a later date. Transactions will have to be processed via the
H&M mobile app where clients can decide how and when they wish to
complete the settlement.
Stefan Vos, CFO at H&M North America advanced, “Shopping
at H&M
should be convenient, relevant and inspiring and we are happy to now offer
fashion fans in the U.S. a whole new way of paying for their fashion finds”. Thus, they have developed a payment solution
that is unique to the firm and that offers clients a modern way of buying
items. Moreover, they are committed to continuously work on smarter, simpler
and engaging shopping experiences for customers.
H&M
has a ‘Pay Later’ solution
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