[imagesource: Bogdan Vija]

We live in the age of instant gratification.

Sure, I could save up for three months to buy that thing I want, or I could pop it on my credit card and make it tomorrow’s problems.

It seems South Africans are still rather fond of that second option, with a recent report on credit card debt in the country showing that there are seven million active accounts, with a staggering overall outstanding balance of R134 billion, averaging out at just more than R19 000 an account.

That’s a pretty nasty hole to try and dig yourself out of, and interest just keeps on accruing.

There is a payment option growing increasingly popular around the world – buy now, pay later (BNPL) – and PayJustNow has brought this to South Africa.

PayJustNow’s payment option allows shoppers to split their purchase over three equal instalments, spread over three months, with zero interest.

The list of retailers on board is rapidly growing, and now PUMA has joined the party.

Landing the world’s leading sportswear brand is quite the catch, and it’s another big name for PayJustNow’s shop directory.

To see how it works, let’s use the example of this PUMA Barrel Bag, priced at R650:

See that little rainbow? Use the PayJustNow option and you can pay that off over three months, in instalments of R216,67, with zero interest.

How about some new running shoes (it may inspire you to get those jogs in again)?

That’s R1 330, or R443,33 a month over three months.

Finally, we’re heading into winter, and you’re grabbing yourself a new hoodie to brave the cold:

That’s R900, and I back you to be able to work out what each of the monthly instalments would be.

Throw all of those into the cart, select PayJustNow at checkout, and get that instant gratification without the nasty interest down the line.

All in all, it’s pretty easy to see why the buy now, pay later payment method is proving so popular.

You can have a browse through the full list of PayJustNow retailers here.