Currys unveils flexible credit option for affordable tech purchases

By Gloria Methri

UK retailer Currys has unveiled a revamped credit product that allows its customers to pay for tech at their own pace.

As part of its mission to not just sell electronics but help customers afford, install, repair and protect technology, Currys flexpay gives customers extra flexibility when purchasing their tech. Customers can choose to pay through fixed monthly payments or via the buy now, pay later feature and gain exclusive access to a range of low-rate and interest-free promotional credit offers on selected products.

Currys flexpay has been built by the retailer and its partner, BNP Paribas Personal Finance, working directly with customers to make credit easier for colleagues to communicate and for customers to understand.

The arrival of Currys flexpay comes at a point where over 20% of eligible spending now goes through credit, which makes it the most used credit product on the platform.

“We’re committed to helping customers access and enjoy the latest technology that keeps them connected, healthy, productive and entertained – flexpay is a key part of that mission. Currys flexpay makes it even easier for customers to spread the cost of their tech at the point of need. I want to thank the customers and colleagues who helped us shape flexpay, and the teams across Currys and our partner BNP Paribas Personal Finance, who develop our credit product and help our customers pay at their pace,” said Joshua Fabian-Miller, Consumer Credit Director, Currys plc.

“Currys flexpay is the result of our strong, long-standing partnership with the company and our deep understanding of their customers’ needs. Together, we have developed a leading credit solution that offers flexible and affordable payment options, making it easier for Currys customers to purchase amazing technology. We are excited to continue to support the retailer in transforming the credit experience, delivering more accessible and responsible credit solutions,” said Stephen Hunt, CEO of BNP Paribas Personal Finance UK.