Dick’s Sporting Goods Launches BNPL Scheme
Dick’s Sporting Goods is joining an increasingly crowded playing field of retailers enabling customers to divide their payments into four interest-free instalments.
The nation’s largest sporting goods retailer is partnering with buy now, pay later (BNPL) platform Afterpay to give customers the opportunity to have flexible payment options when shopping, both in-store and online. Dick’s Sporting Goods customers using Afterpay can make purchases and pay for them in four interest-free instalments, due every two weeks.
Shoppers will receive their products upfront just like any other purchase method, but have the option to pay over time without taking out a traditional loan or paying any upfront interest. The service is completely free for consumers who pay on time.
Afterpay uses a one-time card to facilitate the purchase. The payment details are automatically populated at checkout, helping to ensure a seamless checkout experience. Eligible customers can choose these retailers in the Afterpay Shop Directory and then pay with Afterpay.
BNPL continues to grow as a popular omni-channel payment option. Financial payments company Square recently acquired Afterpay in a $29bn megadeal. Square made that significant purchase as Afterpay has been adding a number of major retailers to its platform.
