Kmart is launching Afterpay.
The retail giant has confirmed that customers will now be able to pay for their purchases in a series of installments.
“We will be making a formal announcement about our new partnership early next week, but can confirm that customers will soon have the option to use Afterpay for online purchases,” a Kmart spokesperson told Yahoo Be.
Afterpay works by customers paying for their purchases over four installments. If you pay on time, you’ll have nothing else to fork out, but if you miss a payment, you’ll be charged a late fee.
“At Kmart, we’re on a mission to make everyday living brighter for our customers, by making products more accessible for everyone,” the spokesperson continued.
The news caused a wave of excitement across social media, with customers ecstatic that they will be able to shop at the store and pay for their items over time.
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