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Glossary: Pay over time

Pay over time is a popular financing option that enables customers to make purchases today and pay for them over an extended period of time, without incurring interest charges.

Pay over time is a solution where consumers pay for goods or services in instalments rather than paying the total amount upfront. It helps make a larger purchase more manageable, particularly for shoppers who may not have the funds available to pay for the entire amount at once. Instalments are automatically charged to the consumer's account on a predetermined schedule.

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The impact of the cost of living crisis on eCommerce business growth

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