Business
‘Bill now, pay later’ start-up Deferit banks $15m – The Australian Financial Review
Investors are backing a new variant on the Afterpay model that lets customers split utility, telco or childcare monthly bills into four instalments.
I think customers are voting with their feet and showing preferences for deferred and smoother payments to manage cash flow and people are willing to pay for that, Mr Symons said.
It is possible there is a behaviour shift and new modality going on here. Afterpay has shown people want flexible payments and appreciate the structure of a payment plan aligned to their cash flow. We know that works it could also work for bills.
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