Buy Now Pay Laters services

[ronz91]

Does Visa count?

Nee

 

[epah]

So no other services you guys use? XD

We are too broke.

 

[konfab]

If you have the money you need for the item, you can use it to get free money by using their interest free money to earn interest on the money in your savings account. You then make the interest rates we have right now work for you.

If I were to do this, I would probably get a separate account like at Tyme bank, and fund that account with the amount you have to buy it.

 

[noxibox]

The high fees explain why some merchants have stopped using these services.

 

[ronz91]

The high fees explain why some merchants have stopped using these services.

Any big merchants?

 

[noxibox]

Any big merchants?

No. But I can see those fees biting if the payment option doesn't generate sufficient increases in sales.