The buy now pay later business model is booming in the retail industry, and as of today, the service will be extended to include an airline.
Jetstar announced it has partnered with Afterpay, allowing customers to buy now and pay later on domestic flights booked eight weeks in advance.
"Our mission at Jetstar is to offer low fares to enable more people to fly to more places, more often. Partnering with Afterpay gives our customers the option to lock in low fares at today’s prices and pay over time, even during our sales,” Jetstar Group’s chief executive Jayne Hrdlicka said.
“Many of Jetstar’s customers already use Afterpay to purchase items at various retailers and are familiar with the flexibility of paying over time.”
The service is available on flights priced between $200 and $1000, and a service fee of $10 applies.