Axios

@axios ↗

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Last Checked Oct. 7, 2022

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Sat Jul 16 13:15:53 +0000 2022

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Axios @axios

Affirm, the biggest BNPL company in the U.S., lends for longer time periods against durable goods — most famously, Peloton bikes. https://t.co/cIvhoweAVD — PolitiTweet.org

Posted July 16, 2022 Hibernated

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Axios @axios

In Europe, many BNPL services allow you to receive your order and decide whether you want to keep it before you pay for it in full. In the U.S., BNPL is generally pitched as a cashflow benefit — a way to pay for items over time if you don't have enough to pay in full today. https://t.co/tZ3qdmtzD8 — PolitiTweet.org

Posted July 16, 2022 Hibernated

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Axios @axios

Though it does sometimes charge interest, it also makes a lot of money directly from merchants who find that buyers are more likely to pull the trigger on a big purchase if they can spread the payments out. https://t.co/cIvhoweAVD — PolitiTweet.org

Posted July 16, 2022 Hibernated