Re:The 'Buy Now, Pay Later' Bubble Is About to Burst
by Arnt on Friday January 13, 2023 @06:41AM
(#34366490)
Paypal offers me a pay-later option, apparently no matter how small the amount is or what I'm paying for. Sometimes two options (pay everything next month + pay in instalments). Or perhaps it's alwys two? I haven't really paid attention.
The next-month option is free (for me) anyway. I assumed that the risk of a one-month loan is low for Paypal and worthwhile because it takes a few transactions from the other payment processors usually offered by the same webshop. But that's just an assumption.
Re:The 'Buy Now, Pay Later' Bubble Is About to Burst
by paulgb on Friday January 13, 2023 @06:25AM
(#34366373)
The article also links to https://zip.co/us/store/uber-eats, which is similar in the US.
Re:The 'Buy Now, Pay Later' Bubble Is About to Burst
by Ultimatt on Friday January 13, 2023 @06:25AM
(#34366377)
Klarna does more than just BNPL loans though, they do normal credit too.
Re:The 'Buy Now, Pay Later' Bubble Is About to Burst
by desas on Friday January 13, 2023 @06:29AM
(#34366412)
Copied and pasted directly from the link I gave:
Deliveroo customers will see Klarna as an additional payment option when they arrive at check-out, where they’ll be able to choose one of three payment options:
Pay Now, to pay the full amount immediately; Pay in 30, to pay the full amount within 30 days; and Pay in 3, to pay in three equal installments, spread over 60 days.
Re:The 'Buy Now, Pay Later' Bubble Is About to Burst
by nibbleshifter on Friday January 13, 2023 @11:45AM
(#34370300)
Pretty much all the food delivery apps take Klarna now it seems.
Never tried it, I won't touch Klarna with someone else's bargepole, but it is a thing and its fucking silly.
In the UK, Deliveroo (a food delivery company) will let you pay by Klarna for orders >= £30, including from sandwich shops. Here's the press release: https://www.klarna.com/international/press/deliveroo-and-kla...