Payflex is an online payment platform popular in South Africa that allows consumers to split the cost of their purchases into four equal, interest-free installments paid over a six-week period. Customers pay 25% upfront at the time of purchase and the remaining balance in three equal payments every two weeks, without any interest or additional fees, making it a Buy Now Pay Later (BNPL) solution. Merchants receive the payment upfront (minus a small commission) from Payflex, while Payflex assumes the credit risk and collects installment payments from customers. Registration requires a quick credit check and the service is available to South African residents with a debit or credit card issued by a South African bank. In short, Payflex helps consumers manage payments in smaller chunks to ease financial burden while enabling merchants to boost sales and receive immediate payment.