Payright partners with Leading Edge Group and Homemakers Furniture
New collaboration brings Payright payment innovation to independent retailers
Payright today announced two significant partnerships with major retail connectors and buying groups, Leading Edge Group and Homemakers Furniture. The brands have teamed up with Payright to bring the payment platform to their independent retailer networks. Under the new partnership, Leading Edge Group retailers and Homemakers Furniture stores around Australia will now be able to offer their customers the option to buy now, pay later through Payright.
Research commissioned by Payright revealed homewares / furniture / whitegoods (45%) and electronics (43%) were the most popular categories participants would consider using a buy now, pay later service for in the future. Recent figures released from Payright’s database also showed home improvement as one of the top three merchant categories most popular among its Australian customer base. This supports the need for consumers to divide costs into smaller, more manageable instalments to fit within their budgets.
Piers Redward, co-founder and joint CEO of Payright, said, “We are thrilled to have Leading Edge Group and Homemakers Furniture join the Payright platform. It is great to collaborate with such well-respected and established businesses, and substantiates the strength of the Payright model. We see Payright as a model that will only continue to strengthen and these partnerships signal our next major phase of growth.”
Leading Edge Group, said, “At Leading Edge Group, we are in the business of creating profitable businesses. Retailers within our network are no different to any other independent retailer with the same challenges – we provide them the ability to change and adapt to market needs and empower them to deliver great customer service. Implementing the Payright buy now, pay later solution will help Leading Edge Group retailers further expand their offering to customers in an everchanging flexible payment market.”
Paul Borg, General Manager of Homemakers Furniture, said, “We are excited to offer Homemakers Furniture customers Payright in our stores across Australia. At Homemakers Furniture we are committed to providing customers excellent service and a fantastic shopping experience, delivering quality products at great value. Our partnership with Payright will transform the in-store experience and make shopping at Homemakers Furniture even easier and more convenient by enabling customers greater flexibility on how they pay.”
Leading Edge Group is Australia’s largest buying group and retail services business that connects and supports independent retailers and small businesses across the country. Leading Edge Group comprises a network of over 900 merchants throughout Australia across a variety of sectors including Leading Appliances, Leading Edge Electronics, Leading Edge Computers, Leading Entertainment, Leading Edge Auto Electrical, Leading Edge Books, Leading Edge Jewellers and Smart Choice Tech Repairs.
Homemakers Furniture is Australia’s biggest independent furniture buying group that possesses a buying power which allows its stores to provide quality furniture at affordable prices to their customers. With over 65 stores nationwide, Homemakers Furniture stores are independently owned and operated, and part of their local community. Homemakers Furniture offers products such as leather and fabric lounges and recliners, living and dining and outdoor furniture, as well as bedroom ranges including mattresses.
Consumers are typically familiar with buy now, pay later services for fashion, appliances and electronics. In addition to working with these retailers, Payright is taking buy now, pay later to a new level and developing the category in the services market – a largely untapped space. Small to mid-sized, as well as larger merchants, including plumbers, photographers, dentists and beauty therapists now have the ability to offer a buy now, pay later flexible payment option to their customers through the Payright platform.Back to News