Buy now, pay later has become a warzone for super app supremacy

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Health Health Headlines News

Square's $29 billion deal for buy-now, pay-later player Affirm is the starting gun for the race to build a money super app

Jack Dorsey's Square wants to acquire buy-now, pay-later giant Affirm for $29 billion.Visit almost any major fashion, flight, or furniture website to buy something, and you will likely spot a button offering you the chance to spread out the cost of your payments.

This is the phenomenon of buy now, pay later , a new type of credit that originated in Australasia but has now become the default credit option for millions of young people, surpassing traditional credit cards. Depending on the terms, the financing might be interest free, with users often having to pass a soft credit check. and has been booming as COVID-19 pushes shoppers online.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Just another at for corporations to strip consumers out of cash. I hope people see through this plan and realize that this model is all about taking more money from those who don’t have it to begin with. If you can’t afford it, don’t buy it. (Tweeted from my financed iPhone)

NEXT 1000X BSC GEM 🐶PROFDOGE👨‍🏫 80 % LIQUIDITY PROVIDED AND LOCKED FOR AN YEAR. ❄️1 QUADRILLION. ⏩100% supply 🔥25% BURN AT LAUNCH🔥 💰2% TO MARKETING WALLET💰 📢📢1% AIRDROP WALLET📢📢 🚀70% PRE-SALE & PCS Profdogetoken bnb BSCGem Cryptocurency Btc

Easier than ever to be trapped in debt. Does not build sustainable planet Old paradigm ClimateCrisisIsHere

thanks

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in HEALTH

Health Health Latest News, Health Health Headlines