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XMAS020 Being sensible with Buy Now Pay Later this silly season (426 words)
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XMAS020.docx
Description
Buy now pay later services are a growing trend. This article gives some tips on keeping your BNPL spending in check and avoiding a holiday headache this silly season.
Introduction
Move over debit and credit cards; consumers are flocking to Buy Now Pay Later (BNPL) services. Afterpay, Zip Pay and several similar payment solutions allow shoppers to take home their goodies now while paying them off via a few weekly, fortnightly or monthly payments. There’s no interest payable as such, although fees are charged for late payments.
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