Imagine this: you're browsing through an online store, eyeing that perfect item you've had your heart set on like the new iPhone 15 or a brand new Leather Couch to pass out on. In today’s world, you can bring it home today and pay later, without the hassle of upfront payments or credit checks. It's like having a financial genie granting your wishes! It’s called “Buy Now, Pay Later” or BNPL.
This new form of payment, BNPL aims to disrupt traditional credit cards, by helping customers indulge in that must-have item and spread the cost over manageable installments. So this idea has spawned some billion-dollar businesses, but is it all sunshine and rainbows?
Join us on "Things Have Changed Podcast" as we delve into the stories of how this new wave in finance is changing the way you shop online.
Links:
Here are some Companies in the space:
Afterpay - The Rebellious Trendsetter
Klarna - The Quirky Scandinavian
Imagine this: you're browsing through an online store, eyeing that perfect item you've had your heart set on like the new iPhone 15 or a brand new Leather Couch to pass out on. In today’s world, you can bring it home today and pay later, without the hassle of upfront payments or credit checks. It's like having a financial genie granting your wishes! It’s called “Buy Now, Pay Later” or BNPL.
This new form of payment, BNPL aims to disrupt traditional credit cards, by helping customers indulge in that must-have item and spread the cost over manageable installments. So this idea has spawned some billion-dollar businesses, but is it all sunshine and rainbows?
Join us on "Things Have Changed Podcast" as we delve into the stories of how this new wave in finance is changing the way you shop online.
Links:
Here are some Companies in the space:
Afterpay - The Rebellious Trendsetter
Klarna - The Quirky Scandinavian