Remember layaway? That old-fashioned system of shopping, which allowed customers to buy now and pay later for items over the course of several installments, has gotten a digital makeover for the modern age.
Digital layaway services, from the companies Afterpay, Quadpay, Sezzle, Affirm and Klarna, are popping up at the checkout of more and more online stores, offering to help cover the cost of an online purchase by spreading out payment.
