H&M introduces a ‘shop now, pay later’ service!


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

Comments