Shoppers Outraged To Learn Buy Now Pay Later Involves Paying Later
Buy Now Pay Later lenders such as Klarna and Clearpay must now check whether customers can afford to repay, a development the industry has greeted as an unexpected twist in the business model. Some shoppers may find purchases blocked just as the festive season approaches, forcing them into the radical alternative of buying things with money they have. Advice includes slowing down and asking whether a purchase is essential, a question previously answered on Britain's behalf by a pop-up button.