According to the press release, the partnership will give Newegg access to Quadpay’s Buy Now, Pay Later instalment payment service. Newegg is a tech-focused e-retailer in North America with a global reach in Europe, Asia Pacific, Latin America, and the Middle East. Founded in 2001, the company offers its more than 40 million registered customers a comprehensive selection of the latest consumer electronics, as well as entertainment, smart home and gaming products.
Overall, the partnership is part of Newegg’s strategy to build out the capabilities and services of its global digital ecosystem to offer customers a broad spectrum of payment options to quickly and affordably purchase products online.
Therefore, Quadpay will allow its consumers to split any purchase into four interest-free instalments paid over six weeks using their existing credit card or debit card when they shop online or in-store.
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