The Nile implements Afterpay just in time for ‘Back to Uni’

Power Retail By Power Retail | 07 Mar 2017

Retail payments innovator Afterpay, announced its platform is now available at online department store in time for ‘Back to Uni’, allowing shoppers to buy now, receive now and pay later.

The Nile offers textbooks for all university and most TAFE courses across Australia and is fast becoming one of the country’s leading online destinations, especially for textbooks. Furthermore, The Nile provides added financial relief with prices below recommended retail and free shipping within Australia, as well as free same or next day dispatch within Sydney. With university getting more and more expensive every year, this is a welcoming reprieve for students with costly expenses.

Afterpay offers the benefits of a layby service with an immediate take-home option, that does not require customers to enter a traditional loan or pay upfront fees or interest. Students can purchase online at The Nile, select Afterpay as the payment option at the checkout and receive their textbooks within days. Items are paid for in full over four equal fortnightly payments rather than a hefty outlay in one hit.

“We are thrilled to offer The Nile customers Afterpay as a payment option. At The Nile we are committed to providing customers a great shopping experience delivering quality products at good value. Our partnership with Afterpay will make shopping at The Nile even easier and more convenient ahead of this year’s commencement of class,” said Jethro Marks, CEO of The Nile.

“We are excited to introduce our new merchant partner The Nile to the Afterpay platform in Australia, tying in with the peak ‘Back to Uni’ period. We foresee this to be a successful launch for The Nile with Afterpay in the market offering customers and particularly students a welcome payment option offering choice, flexibility and benefits,” said Gabrielle Wakeman, head of marketing at Afterpay.

About Afterpay

Founded in 2014, Afterpay is an Australian retail payments innovator that facilitates commerce between retail merchants and their end-customers. Afterpay offers a ‘buy now, receive now, pay later’ service for consumers, not requiring end-customers to enter into a traditional loan or pay any upfront fees or interest. Afterpay currently has over 475,000 customers and over 2,600 retail merchants and in 2016, listed on the Australian Securities Exchange. 

About The Nile

The Nile is a rapidly growing Australian department store selling a wide range of books, DVDs, baby products, wine, games, toys and health and beauty products. The Nile finds, sources and delivers products from all over the world and offers free shipping on all items within Australia. Established 15 years ago, The Nile was started by Jethro Marks and Mark Taylor and has expanded to employ over 80 people across customer service, logistics, marketing and creative design. 

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