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  1. Lay-By Rules – How Lay-By Works in South Africa - LayUp …

    • Lay-by is a payment method that allows customers to make purchases over time, usually in instalments. The customer pays for the item up front, but does not take it home until all payments have been completed. … See more

    How Should Payments Be Made?

    Lay-by agreements are a popular way of buying goods in South Africa. They allow customers to … See more

    LayUp Payment Techn…
    5 Questions to Ask on The Lay-By Model in South Africa

    The lay-by model has become an increasingly popular way to shop in South Africa, allowing people to purchase goods and services over a period of time instead of paying th… See more

    LayUp Payment Technologies
    What Makes The Lay-By System An Affordable Model?

    As shown, the lay-by system is infinitely affordable – it works by allowing consumers to buy goods over a set period of time while making small payments, usually weekly or bi-weekly. … See more

    LayUp Payment Technologies
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  2. A lay-by is an agreement between you and a customer where you:

    • agree on a fixed sale price and payment conditions
    • hold the goods until the customer finalises the payments
    • do not charge interest on the outstanding debt.
    www.qld.gov.au/law/laws-regulated-industries-and-accountability/queensland-laws-and-regulations/selling-your-products-and-services/sales-practices/rules-for-lay-bys
    www.qld.gov.au/law/laws-regulated-industries-and-accountability/queensland-la…
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