Maplin has introduced a new scheme where customers can pay later or spread the cost over time for items ordered online.
This new initiative sees the technology retailer partnering with financial technology supplier Klarna to use their Pay Later and Slice It service.
Pay Later enables online and mobile Maplin customers making purchases of £200 or less to receive their products and pay for them 30 days later, with no interest or fees.
They can touch, feel and see their chosen items to ensure they’re happy with them before parting with their money.
Alternatively, Maplin customers can choose Slice It at the checkout, which allows shoppers to spread the cost of purchases of £600 over equal monthly payments.
All shoppers undergo an online credit check by being asked four questions when in the payment screen before proceeding with the service.
Maplin is one of the first retailers to adopt this kind of service, following similar initiatives announced by Asos and the Arcadia Group retail empire.
“Making sure our customers have the best possible user experience is of the utmost importance to us,” Maplin services director Alexander Allen said.
“With more people than ever shopping online, the payment flexibility provided by Klarna’s solutions is a real added benefit for our shoppers.”