Makeup has become one of the biggest forms of self-expression in the world. Whether you are an ardent fan of the smokey eye or the “no make-up” make-up look, there is something for everyone, but what if you cannot afford it? Let’s see here ‘Five Top Makeup Brands That Offer Buy Now Pay Later Makeup’.
Five Top Makeup Brands That Offer Buy Now Pay Later Makeup
Numerous companies offer to Buy Now Pay Later Makeup as a solution to their customers’ “money problems”. Afterpay, Klarna, Sezzle and Flexible Payments are just a few of the innovative online payment platforms that allow shoppers to pay over time without hassle and with no interest! Let’s take a look at five fabulous makeup brands that offer Buy Now Pay Later Make-up. We’ll then take a basic breakdown of how some of these popular digital delayed payment platforms work.
1. Avon (PayPal Credit)
As a brand with a 135-year legacy, Avon needs no introduction. By empowering women around the world, this brand adheres to the “girl boss” philosophy. By providing women with a platform to earn money through their products, the brand supports female entrepreneurs. The online stores offer the chance to pay through PayPal. This is an addition to the PayPal Credit option, allowing the customer to pay within 6 – 18 months in affordable monthly instalments.
2. Colourpop (Afterpay)
Ever heard the phrase, the proof is in the pudding? The proof is in the name of this make-up brand, known for its high quality, affordable, bold and bright makeup products. Colourpop’s vegan and cruelty-free makeup products can be purchased with AfterPay, allowing customers to split the payment into 4 instalments, paid every two weeks.
3. Mac Cosmetics (AfterPay)
Make-Up Art Cosmetics, M.A.C for short is one of the world’s most prolific makeup brands. This high-end brand is not only a pioneer in makeup artistry, it prides itself on diversity and inclusivity. AfterPay makes it easy for you to get your M.A.C products without the pressure of full pay.
4. Sephora (Klarna & AfterPay)
Sephora is what you might consider royalty in the makeup world, not only does the brand sell luxury products, they were the first to give women an open-sell environment. This allowed their customers to experience the product first-hand before purchasing. Buyers can purchase Sephora products with AfterPay or Klarna. Klarna is a digital payment platform that gives customers 30 days to pay for their purchase interest-free!
5. Temptu Airbrush Makeup (Sezzle)
If you are looking for an effortless and flawless foundation product to add to your makeup bag then this brand is your best friend. Temptu’s airbrush will instantly give you a gorgeous and perfect complexion without immediate payment through Sezzle. Sezzle breaks payment into four instalments over 6 weeks, the first one made at checkout and payment is mandatory every two weeks. Sezzle doesn’t affect your credit score, and the application process is fast.
How do delayed digital payment platforms work?
It is generally a requirement that you must be at least 18 years old and capable of entering into legally binding contracts to use most of these delayed digital payment platforms. Currently, AfterPay and Klarna are among the leading Buy Now Pay Later Makeup service providers.
Afterpay divides payment into four, allowing pay every two weeks. First-time online store customers must create an Afterpay account and in-store users must download the Afterpay Card App via Apple Pay or Google Pay. When it comes to that anxiety-causing credit score business, Afterpay conducts what they call a “soft credit” check that is not invasive nor affects the customer’s credit score.
Klarna also offers the pay-in-four option, which allows the customer to pay-in-four instalments every two weeks, the first payment is made at checkout. The second payment option offered by Klarna is the pay in 30 plan, this plan gives the customer 30 days to settle their debt without having the pressure of paying the first instalment at checkout. Both these options are interest-free!
Pros and Cons
As a result of the COVID-19 pandemic, a large number of people have lost their jobs and the global economy has been hit significantly, and this system has become a lifeline for many. There are multiple advantages of buy now pay later, including convenience, no interest terms, and little or no barriers to entry. Customers have the option of purchasing products immediately and paying later when they are in a more financially secure position.
In this system, missed payments are one of the biggest disadvantages, which can adversely affect your credit score and future loan applications.
Conclusion:
Although Buy Now Pay Later Make-up is a handy system that can save one when their bank account is as dry as the Sahara, everything in life requires some level of balance and discipline. Financially difficult times can be managed by doing some research, being realistic and using an effective budget system.
