Online retailer WorldStores has selected PayLater, a new
online payment service from digital finance company Wonga, to allow shoppers to
spread the cost of purchases over three months. The first retailer to partner
with PayLater was The Cotswold Company, which having trialled several finance
options in the past, chose the service in December 2012. Wonga says PayLater is
“in advanced talks with a number of other retailers” and will shortly be
available on sites from categories including electricals, home and garden,
mobile phones and sporting goods.
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