Payflex Market Share & Usage Stats

Payflex is a South African company that offers a "buy now, pay later" payment solution. Payflex allows consumers to purchase items online or in-store and pay for them over time, typically in interest-free installments, making it easier for customers to manage their finances. This service is particularly appealing for shoppers who want to spread the cost of their purchases over a few weeks without incurring additional fees if payments are made on time. For retailers, Payflex provides a way to increase sales by offering flexible payment options to customers.