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How do payments actually work?

Here are the basics of how payments with Laybuy work.

Alex avatar
Written by Alex
Updated over a week ago

What payment methods do we accept?

At this stage, we only accept credit or debit cards that have been issued by a bank from your country of residence. We do not accept foreign issued cards from overseas banks, prepaid cards, or bank transfers to make any payments on your account.

How are payments made?

Payments are automatically deducted from your bank account on the payment due dates. If for whatever reason the payment is not successful, we will email you to let you know. We will then reattempt the payment 24 hours later. If this payment also fails, a late fee will be applied. We will then reattempt the payment 7 days after the original due date. Another late fee will be applied if this payment fails as well.

You can also make manual payments against your instalments at any time by navigating to the “Orders” tab. Here, you can choose to make payment on an individual instalment, or the whole order.

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