The UK retailer will now allow customers to pay for products of £30 or more in installments with Clearpay
Marks & Spencer (M&S) is offering customers a new way to pay for with a third party payments solution.
In partnership with Clearpay, part of the Afterpay Touch Group, the solution allows customers to pay for purchases from £30 in four interest-free installments.
Customers can spread the cost across six weeks and manage the payments through the Clearpay app.
Kirsty Ward M&S Bank’s Director said: “We’re committed to providing our customers with seamless, easy and convenient ways to pay and that’s why we’ve introduced this fully integrated and interest-free option to help spread the cost of shopping on marksandspencer.com.
“The Clearpay solution complements our existing M&S Credit and Debit Cards offered through M&S Bank.”
The announcement is the latest push from the UK retailer to build relevancy among its customers and to generate a third of sales online.
Clearpay’s CEO Carl Scheible added: “We are thrilled to launch with Marks & Spencer especially as we head into the busy Christmas shopping and trading season.
“We’re looking forward to being part of their development as they continue their transformation for customers.”
Today, the brand stocks beauty brands across skin, hair and body care, as well as male grooming and colour cosmetics.
These include products from Ren, Emma Hardie, L’Occitane and Prai Beauty.