Currys unveils refreshed credit product with flexible payment option
Currys has unveiled a revamped credit offering that includes a flexible payment option.
Through Currys Flexpay, the electrical and tech retailer offers shoppers the choice of paying through fixed monthly payments or via the product’s buy now, pay later feature. Customers will also gain exclusive access to a range of low rate and interest free promotional credit offers on selected products.
Previously called Your Plan, Currys said the credit offering also has more more functionality “under the hood”, including a simpler and clearer application journey and better visibility of existing customers’ credit balance across buying journeys.
Currys said over 20% of spend on baskets of £99 and over is now made using its flexible payment option which is powered by BNP Personal Finance. This makes it the most used credit product at the retailer with spend now exceeding that made on credit cards.
Joshua Fabian-Miller, consumer credit director at Currys, said: “We’re committed to helping customers access and enjoy the latest technology, that keeps them connected, healthy, productive and entertained – Flexpay is a key part of that mission.
“Currys Flexpay makes it even easier for customers to spread the cost of their tech, at the point of need. I’d like to thank the customers and colleagues who helped us shape Flexpay, and the teams across Currys and our partner BNP Paribas Personal Finance, who develop our credit product and help our customers pay at their pace.”
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