GameStop will offer instalment plans for the upcoming next-gen consoles

In an attempt to stay relevant when the next-gen consoles arrive, GameStop is looking to provide its customers with a cheaper way to avail the Xbox Series X/S and the PlayStation 5.

GameStop is now considering giving more ways for gamers to get their hands on an Xbox Series X/S or a PlayStation 5 this holiday season. Instead of paying for the full price of the console upfront, the gaming store has other plans.

According to reports, GameStop has already listed a few new ways to get the next-gen consoles without emptying wallets. GameStop proposes three various options: direct layaway, rent-to-own, and instalment plan.

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Instalment plans will be provided by third-party companies such as Klarna and Quadpay. The credit company will allow buyers to divide the bill into four payments over six weeks. The instalment plan will be 0% thus, making the end price the same.

For layaways, GameStop will manage this mode of payment directly. When availing direct layaway, customers will need to pay small instalments over a particular period of time. Only after the instalments are paid and the full price of the console has been received, will the customer get their device.

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Finally, GameStop will have to partner with a third-party company in order to provide a rent-to-own option. For this mode of payment, the buyer pays a partial amount upfront, take home the console that they like and pay the remaining balance over the next months.

Christian Allen Tandoc
Christian Allen Tandoc is a frantic writer, blogger, and ghostwriter. He quit his office job as an Applications Engineer for the love of writing. When he’s not working, he’s either playing with his PS4 or his 1-year old daughter.
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