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Buy Now Pay Later !

Buy now, pay later: Boon or bane? “Buy now, pay later” services are becoming a popular payment method due to low barriers to entry and ease of use. But does flexibility come at a price? The rise of “buy now, pay later” services adds to the popularity of digital wallet adoption in Singapore. Jeremy Thesira, SPH Content Studio PUBLISHED APR 22, 2021, 4:00 AM SGT More Singaporeans are opting for “buy now, pay later” (BNPL) services, which allow buyers to defer or spread out payments for purchases interest-free.  About 38 per cent of consumers have used a BNPL service, according to a report in October last year by financial comparison platform Finder that surveyed more than 1,000 Singaporeans aged 16 and...

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