JetBlue – MarcusPay launches flynow, pay later option

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By Caribbean News Global Caribbean News Global fav JetBlue - MarcusPay launches flynow, pay later option

NEWYORK, USA – JetBlue – MarcusPay is now available for JetBlue flights in addition to vacation packages, the companies announced. The partnership, a no deposit, no-fee, fixed-rate point-of-sale instalment loan option, that allows customers to pay for larger purchases over time. In April, JetBlue, the platform’s inaugural partner, launched MarcusPay exclusively for customers booking JetBlue Vacations packages bundling flights with hotels.

The companies announcement said, MarcusPay can be used for trips from $750 to $10,000 and customers can see their loan options within minutes. Customers will know how much they’ll pay and for exactly how long, with no fees, no up-front deposit required, and a fixed interest rate. The first payment is not due until at least one month after the trip is booked.

Once approved for a MarcusPay loan and the booking is completed, travelers can be on their way. MarcusPay loans are provided by Goldman Sachs Bank USA. This partnership is part of JetBlue’s evolution to offer more personalized trip experiences, making the dream of a vacation an easier and affordable reality for many travelers when they feel comfortable traveling again. MarcusPay makes trip planning even more accessible with the option to pay over time for itineraries including JetBlue flights and other amenities such as hotels, car rentals and more.

“With MarcusPay, we’re adding more flexibility and simplicity to the JetBlue travel booking process,” said Andres Barry, president, JetBlue Travel Products. “JetBlue is excited to be the inaugural partner for MarcusPay and provide our customers with an additional way to finance their trips, when the time is right. Marcus by Goldman Sachs and their latest offering is part of a transparent customer journey. Customers lock in a fixed rate and the opportunity to pay overtime, removing some of the hassle and added costs of planning a vacation.

“MarcusPay gives customers a smart alternative to financing large purchases,” said Elisabeth Kozack, head of Consumer Lending Partnerships at Marcus by Goldman Sachs. “JetBlue is a terrific partner for MarcusPay. They remain focused on delivering against their customers’ needs and providing transparency, which helps them deliver a differentiated customer experience for travelers. We’re thrilled to have MarcusPay be a part of that,” JetBlue – MarcusPay announced.

The JetBlue partnership is the first one for MarcusPay, and the latest in a series of initiatives by Marcus to work with dynamic companies whose differentiated products and services lead with a customer-centric approach, helping customers to make smarter financial decisions.

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