Aussie payments platform Afterpay have been quietly chipping away at the online retail market for a while now, offering a new checkout payment option which allows buyers to pay off their item over a set period and avoiding the up-front cost.
They’ve now partnered with their first airline, Jetstar to offer the buy now pay later option for flights.
From today, flights booked between $200 and $1000 can be paid off in four equal fortnightly payments meaning a family can pay off a trip rather than a big bulk up front payment.
There’s a catch though, there’s no “Fly now” and “Pay Later” option, the service is only on offer to those flights booked more than eight weeks in advance, meaning you’ve paid it off just in time too fly.
There’s also a $10 transaction fee, but that’s not unusual, airlines are great at adding on those credit card fees aren’t they.
Jetstar CEO Jayne Hrdlicka said the airline was excited to be the first in Australia to offer its customers Afterpay.
“Our mission at Jetstar is to offer low fares to enable more people to fly to more places, more often. Partnering with Afterpay gives our customers the option to lock in low fares at today’s prices and pay over time, even during our sales.”
“Many of Jetstar’s customers already use Afterpay to purchase items at various retailers and are familiar with the flexibility of paying over time,” Ms Hrdlicka added.