American Eagle has just announced their plans to offer buy-now, pay-later purchase services!
American Eagle president Chad Kessler told Business Insider that the retailer is looking to implement this alternative payment method as soon as possible.
To proceed with this new system, American Eagle would need to partner with a payment provider such as Afterpay or Klarna. With this service, shoppers would be able to purchase an item and pay for it in installments.
Using these services is a smart way for retailers to target the Generation Z and millennial shopper.
Currently, other retailers such as Urban Outfitters and Abercrombie are already offering similar payment services in their stores.