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musicMagpie launches rental platform

By Retail Technology | Wednesday May 19 2021 | UPDATED 19.05.21

Recommerce retailer musicMagpie has launched a new cloud-based rental technology platform so consumers can rent mobile phones from its ecommerce store

The musicMagpie solution, ‘Powered by DivideBuy’, will be delivered by musicMagpie for a seamless user experience and is the first consumer hire option of its kind offered by the retailer.

It works alongside all other credit options and in the same way as they would with a standard finance option, customers will be able to check their suitability for a rent prior to making a purchase.

The ability to rent a device, rather than buy, means monthly payments will be much lower, with the option for consumers to choose their monthly payment amount to suit their budget.

Jon Miller, chief commercial officer at musicMagpie, said: “We’re proud to have launched a tech rental proposition for our customers, that will allow them to rent a device of their choice for a low monthly cost, no upfront fees and no lengthy contracts for them to get tied into, all with the added benefit of free upgrades after 12 months.”