#BRUNCH: Pay later, not never

There’s a new way to borrow at the checkout counter, and it’s finding favour with shoppers on a tight budget. Termed “buy now, pay later”, these interest-free, short-term payment plans have captured a sizeable audience in credit-starved, cash-strapped millennials and Gen Zs. We look at how this is changing the landscape for lending, and the risks involved.

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