A different kind of credit
In response to the new Covid reality, where financial austerity sits side by side with a rise in e-commerce trading, the Buy Now, Pay Later concept is changing the game.
05 October 2021
In today’s tough economy, most consumers would tell you that if a retailer offered them an opportunity to ‘buy now, pay later’ with no credit charges for meeting their agreed repayments, they would bite their arm off to obtain the deal.
Recently introduced into the South African market, the concept of ‘Buy Now, Pay Later’ (BNPL) is designed to enable consumers to purchase high-value items, even when they don’t have enough money available at the time.
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