\\\ Paying For Your Pet
\\\ Updated December 2021
Buy Pet Supplies With BNPL – BUY NOW PAY LATER
Shop’Buy Now and Pay Later’ Pet Sites
Christmas Spending On the Increase
Figures from the Bank of England show that in December the public spend around a third more than a usual month on their credit cards, with the average person spending £740 more. However, the massive Black Friday and Cyber Monday promotions now mean the public is spending more in November.
2020 saw a massive rise of online shopping during imposed lockdowns in the UK including a ‘BNPL’ explosion to fund Christmas purchases, as reported by the newspaper, The Sunday Times.
For anyone who needs to take on debt, for this or any other reason, such as an emergency and unforeseen vet bill, where perhaps you have no insurance in place to pick up the costs, then it’s crucial to pay the most affordable and cost-effective way possible.
What is BNPL?
Swedish based Klarna was the first company that came to Pet Check’s attention a few years or so ago, flooding UK customers, helping them to spread the cost of their shopping by making 3 interest-free installments, automatically charged from their card every 30 days when purchasing, from their huge business partner portfolio, predominantly fashion and beauty, accessories and home retailers.
With an easy-to-use and extremely appealing app to young fashionistas, this revolutionized the problem of shopping fashion online where clothing sizes are not standardised between brands and customers were ordering several colours and differing sizes in the hope that one garment may fit them. Warm, cosy bedrooms became the UK’s high street store fitting rooms overnight, trying on garments, working out the best styles for the fashion season ahead.
BEDROOMS HAVE BECOME SHOP FITTING ROOMS
CHOOSE CLOTHES AND ACCESSORIES IN THE COMFORT OF YOUR BEDROOM
That left the problem of returning the unwanted items and where large sums of money were being taken from customer bank accounts, then having to wait for the slow refund process offered by retailers, sometimes leaving the customer in hundreds of pounds of debt.
Helping shoppers to spend more online
Klarna was most definitely the answer and has risen to such prominence with a 24/7 support service, a product return service letting customers stall the payment service whilst items are returned, coupled with a tracking service of your purchases.
The service is free to customers as long as they stick to the three payment schedules which are crucial to their business model. Klarna has it all.
Klarna and their growing host of rivals tap into the fashion 20-30 age group, who in the current global pandemic are finding it harder than ever to get credit from traditional high street banks and credit card firms.
At the start of 2020, Klarna reported that 6 million UK customers spent an average of 25pc more using their site than buying by traditional methods.
2021, over 250,000 retail partners, a highly valued private fintechs globally with a valuation of $45.6 billion. Has over 4,000 employees, and is active in 17 countries.
With more than 208,000 reviews and 10 million downloads of the Klarna app, August 2021, currently 12.6 million YouTube subscribers for its fashion channel, it’s quietly replacing the concept of credit cards, which require more affordability checks about their applicants and are heavily regulated.
The customer transactions are not recorded as a consumer debt by the UK registered agencies and in recent times, as more consumers battle with their finances caused by the effects of COVID-19, the true problems of debt begin to emerge according to one Bank executive at Capital One Card in the USA, who are now trying to crack down by blocking some purchases. The UK banking arm is keeping ‘matters under review’.
Do Pet Retailers Take Klarna and other BNPL Cards?
More and more pet retailers are now accepting BNPL cards, not just Klarna, but other operators such as Clearpay, Paypal Credit, Amazon, Apple credit houses, and smaller less known US businesses, Sezzle, Afterpay, Affirm, Splitit, ViaBill, and Partial.ly, with Australian contender Laybuy.
Klarna in recent months has noticeably ‘upped their game’, offering a large online store showcasing their retail businesses who offer their payment facilities with more regular e-messaging about shopping updates to their customers.
Savvy Shoppers will continue to use BNPL cards particularly for purchasing SALE pet items
Whilst we would never advocate getting readers into financial difficulties, it makes sense to take advantage of such offers for larger items such as a heated dog bed for your older arthritic dog when discounted in ‘Seasonal Sale’ activities, expensive equestrian supplies, or premium dog travel crates, and even unexpected vet bills, where year-on-year pet veterinary bills are increasing substantially, mainly due to the many developments in better veterinary care. It allows readers to buy that quality item that perhaps may have passed readers by or introduce an entirely online new shopping experience.
Prepare For Christmas Expenses Using BNPL At Favourite Stores – Spreading The Cost Without Paying Interest
One of our favourite online stores is Cox & Cox who offers Clearpay facilities. Whether it’s gold bone-shaped Christmas tree decorations or luxury, velvety soft dog, and coccon-shaped cat beds, you’ll find a gift you cannot resist.
Clearpay is also known as Afterpay in the US, Australia and New Zealand, announced during November 2021, that its pet and equestrian in-store solution is now available to UK customers at some of the best retail stores nationwide. All you have to do is start by downloading their app.
Luxury fashion company Hunter Boot is perfect for all dog walking clothing needs with puffer coats and jackets, rainproof wear, backpacks, wellies, and more. Worth taking a look at the new seasons’ ranges.
The family owned pet store group with 70 shops in the UK and a 24/7 large pet web store, with a great range of pet foods, accessories and equipment for dogs, cats, rabbits, small pet, bird and wildlife, fish and reptiles, instore grooming and veterinary services available.
We are supported by our audience. When you purchase through links on our site, we may earn an affiliate commission.
More pet retailers partnering with Klarna include >
- Luxury dog retailer Barc
- Dog accessories by Joules
- Luxury dog needs by Bone And Home
- Dogs cats and rabbit purchases at Wayfair
- Luxury online retailer Labrador and Lords
- Pay for vets services using Vets4Pets
- Protection solutions for the outdoors for your dog, cat or other pet Protect a Pet
- Selection of pet beds, accessories and gifts by Country Attire
- Shop for quality pet beds and accessories John Lewis
Laybuy the Australian BNPL has recently launched, June 2021, a new ‘tap and go’ digital card for its shoppers to use with their existing shops in-store, spreading the cost of purchases over six weeks.
Customers can load the product into their phone’s wallet and make purchases as easily as they would with classic pieces of plastic debit and credit cards.
Laybuy aims to extend their offer to all retailers providing customers with an interest-free scheme.
There has been continued criticism about BNPL and concerns raised by consumers champion Citizens Advice who says that it is a slippery slope for young people especially to get themselves into debt.
Paypal already a widely used online payment house, extended facilities to match those of the Buy Now Pay Later sector, called Paypal Credit when purchasing over £99.00 worth of goods and paying in 4 installments.
Alloutdoor stock more than 200 quality brands for a large range of outdoor activities. Clothing and accessories that are perfect for daily walks with your dog, hiking days, or camping staycations with your dog.
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