5min chapter

Plain English cover image

The rise of buy now, pay later | Learn the English expression ‘think twice’

Plain English

CHAPTER

By Now Pay Later - Why Do They Charge?

Shoppers who use after pay spend forty % more per order, and those same shoppers complete 50 % more transactions. So retailers are all too happy to pay the three % fees these companies charge because they know that with this option, their customers will buy more and buy more often. And s f gate found that generation z is spiralling into debt by using by now, pay later. On monday's lesson, i'll tell you what that investigation found and why it's worrying.

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