About
Payflex is a South African pay-later option that shoppers pick at a partner store's online checkout. The first instalment is paid upfront and the balance is split across further payments over six weeks, interest-free and fee-free; shorter pay-in-2 and pay-in-3 plans are also offered. Payflex pays the merchant upfront and carries the non-payment risk itself. The company was founded by CEO Paul Behrmann and had over 1,000 active merchants when Australia's Zip Co bought it in September 2021. Zip agreed in March 2023 to divest Payflex as it pulled back to its core markets.
Official site →Countries
