Does Gucci use Afterpay?

Gucci outlets do not offer Afterpay as a payment option, however, some online stores that carry Gucci merchandise have the option to pay through Afterpay.

Shopping at luxury designer stores is expensive, and for the average Joe working a nine-to-five, shopping at luxury brands like CHANEL, Louis Vuitton and Gucci is most definitely a luxury – a luxury which can take months of saving, particularly items from said luxury brands. However, luxury brands like Gucci have attempted to bridge this gap by creating various payment plans to help you buy your desired luxury brand item.

Though, before choosing a payment plan, it is important to highlight the payment plans Gucci outlets do not accept. The most popular of which being either paying through cash or by using the go-to financial technology company, Afterpay.

What not to do when buying Gucci:

In regard to the non-allowance of the cash payment, the context is that the payment option leaves room for the customer to be later charged with tax evasion. This is as you could pay for the item in cash and have it shipped to another state to avoid paying the taxes charged on the item in the state you bought the item in. This action absolves the store of the illegal activity, which is regarded as a form of tax evasion. However, in the long run, the customer runs the risk of paying a hefty penalty or face prosecution.

Therefore, Gucci does not accept cash payments of their items. Similarly, with the luxury brand’s stance on prohibiting payments through the use of the Australian financial technology company, Afterpay. While the company does offer loans, due to the fact that ahead of approving the loan, the company does not offer credit checks or report loans to the credit bureau. As a result of this, Gucci and similar luxury stores do not accept Afterpay as a form of payment for any of their items.

That being said, there is a loophole in the above. This is as while you cannot buy Gucci items directly from a Gucci store or online store through Afterpay, you can look for online stores which sell Gucci items on their website. In most cases, these stores allow for the payments to be made through the use of Afterpay. The con is the possibility of not getting the desired product, depending on when it was released and its popularity. However, the advantage is that you can own a Gucci item through using Afterpay.

A helpful website in this regard is PayLaterFinder, a website which describes itself as, “PayLaterFinder makes it easy for you (to) uncover Afterpay, Zip, Humm and Laybuy stores for just about ANYTHING it is that you are looking for! Search for your favourite types of products and brands. You can even search by product names. You can now find store results for just about anything you can think of! Never before has finding Pay Later Retailers been so easy!”

How does it work, you may ask? Well, according to the website, “Pay Later Finder is unique in that we obtain highly rich and detailed data from retailers to match your searches with relevant results. This means that we are able to utilise an unparalleled amount of key term variations to match BNPL (buy now pay later) retailers with your searches.”

Dos when paying Gucci:

If you are looking for payment methods which are accepted by Gucci stores, online or otherwise, a registered financial card is recommended. This way, the activity of the card will reflect on your credit rating and will be reported to the credit bureau. The first of which being Amazon Pay.

Amazon Pay allows for customers to pay for Gucci items through the website’s catalogue of available Gucci designer items. Unfortunately, the offerings do not include the range of designer Gucci luxury brand. However, they do include a variety of clothing, fragrances and accessories, including sunglasses and headbands. Alternatively, the second option, which is available for customers looking to buy now and pay later for their designer Gucci items, is the use of the multinational financial technology company, PayPal. Again, the financial company which is based in the United States does in effect report transactions to the credit bureau.

Similar to the last confirmed financial technology company which you can use to buy now and pay later at Gucci outlets is Affirm, which asserts, “Through Affirm, you may pay for your Gucci items on a month-to-month basis. Thus, you can finance your purchase over 3, 6, or 12 months with zero interest. On the other hand, Affirm performs a ‘soft’ credit check to help verify your identity and determine your eligibility for financing.”