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Mortgage Business Citi’s BNPL offering ‘Spot.’ to launch in October By Annie Kane 05 August 2021 Pre-registrations have opened for Citi’s upcoming buy now, pay later offering, Spot., which will launch in October. Citi Australia (Citi) has announced that its ‘interest-free’ buy now, pay later (BNPL) product will go live in October under a new brand, Spot.. As previously reported, the bank is launching the new proposition to enable customers to pay for goods up to the value of $1,000 using the digital card, which can then be repaid in four fortnightly instalments.  For purchases of $200 or more, customers will also have the option to pay a $10 flat fee to break the payments into eight smaller fortnightly payments, should they so wish.

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