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In Time for Autumn Shopping Clearpay Launches New Brands and Clearpay Day

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Clearpay, leading in "Buy Now, Pay Later" payments, announced new partnerships with retailers like Gymshark and Mac Cosmetics, enhancing customer payment flexibility ahead of autumn shopping. The bi-annual Clearpay Day sale features promotions from popular brands, starting August 20. Clearpay introduces three new features: visibility into spending limits, payment rescheduling, and early balance payment options. Currently, over one million UK customers use Clearpay at 1,400+ retailers. Afterpay, Clearpay's parent company, serves over 55,400 retailers worldwide.

Positive
  • Partnerships with well-known retailers like Gymshark and Mac Cosmetics.
  • Introduction of new features enhancing customer flexibility and payment options.
  • Over one million UK customers use Clearpay after just one year.
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  • None.

LONDON, Aug. 18, 2020 /PRNewswire/ -- Clearpay, the leader in "Buy Now, Pay Later" payments known as Afterpay (ASX:APT) in the US, Australia and New Zealand, announced today that it has partnered with a number of new retailers including Gymshark, Mac Cosmetics, Reiss, Never Fully Dressed, and Ren - offering shoppers a more flexible way to pay just in time for autumn and back-to-school shopping.

In addition to these new brands launching, Clearpay is once again offering British customers the bi-annual Clearpay Day sale where brand partners will offer consumers deals and promotions from many of their favourite fashion, beauty and lifestyle retailers and brands. Consumers can visit Clearpay.co.uk to access these special promotions and discounts from hundreds of participating merchants such as Anthropologie, bareMinerals, Coggles, Gymshark, Marks & Spencer, Never Fully Dressed, SHEIN, Smiggle, Urban Outfitters, and more. The sale launches on Thursday 20 August and runs for 48 hours ending on Friday 21 August.

In time for the sales, Clearpay is launching three new features designed to give customers more freedom and flexibility.

Customers will now have visibility into their estimated spend limits, the option to reschedule payments, and the ability to pay off some or all of an outstanding balance ahead of a scheduled payment.

Carl Scheible, Clearpay's U.K. CEO said: "We are thrilled to build on the momentum we have in the U.K. market by launching these exciting new retailers and product features. We are always looking to grow and evolve our offering to meet our customers needs. We are equally excited to bring back Clearpay Day just ahead of autumn shopping. There is no better time to offer our customers deals and promotions with our retail partners."

Today, more than one million U.K. customers use Clearpay at more than 1,400 top retailers after just one year since launching in the market.

About Clearpay (Afterpay Limited)
Afterpay Limited (ASX: APT) has transformed the way people pay by giving merchants the ability to allow shoppers to receive products immediately and pay in four simple instalments over a short period of time. The service is completely free for customers who pay on time - helping consumers spend money responsibly without incurring interest, fees or revolving and extended debt. As at June 30, 2020 Afterpay is offered by more than 55,400 of the world's best retailers and is used by more than 9.9 million active customers globally.  

Afterpay is currently available in Australia, New Zealand, the United States and the United Kingdom where it is called Clearpay. Afterpay is on a mission to power an economy in which everyone wins.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/in-time-for-autumn-shopping-clearpay-launches-new-brands-and-clearpay-day-301113652.html

SOURCE Clearpay

FAQ

What retailers have partnered with Clearpay recently?

Clearpay has partnered with retailers including Gymshark, Mac Cosmetics, and Reiss.

When is the Clearpay Day sale happening?

The Clearpay Day sale starts on August 20 and runs for 48 hours.

What new features has Clearpay launched for customers?

Clearpay launched features for spending limit visibility, payment rescheduling, and early balance payments.

How many customers are using Clearpay in the UK?

More than one million UK customers are using Clearpay.

How many retailers offer Afterpay globally?

Afterpay is offered by more than 55,400 retailers worldwide.

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