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NewPay provides a "Buy Now, Pay Later" service allowing customers to defer payments for 30 days or split purchases into interest-free installments. Consumers receive an initial credit limit to use for online shopping with partner merchants. The platform manages payment settlement with the merchant, offering flexible repayment options to the end-user.
Updated 3 months ago
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Product
Features
- NewPay provides a "Buy Now, Pay Later" service allowing customers to defer payments for 30 days or split purchases into interest-free installments. Consumers receive an initial credit limit to use for online shopping with partner merchants. The platform manages payment settlement with the merchant, offering flexible repayment options to the end-user.