Buy Now Pay Later
Sunday, 22 May 2022
There is stiff competition to provide pay-later services to support more loan options. This could become a risk bubble threatening consumers and the whole e-commerce industry.
THE temptations of pay-later schemes could become a boomerang if consumers are not cautious when taking out loans that reflect their needs and their ability to repay them. Without careful calculation, facilities on offer could lead to people being trapped in debt. Non-performing loans have the potential to inflict a blow on the e-commerce industry.
This is especially true since these funding and payment options have been on the rise over the las...
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