The Future of Digital Payments
Azeem Azhar's Exponential View
00:00
Is There Competition in the Pay for It Later Space?
I think there's a lot of new players in the pay for it later space, which is a sort of brilliant concep. The thing that causes the most shopping cart abandonment in commerce is the point at which you have to pay. So instead, you could use a service, i like the swedish company klana, click a button and get billed later. Those types of competitors emerge, but they don't look like they are as universal as a credit card network. It feels to me ta a combination of a competitive market and constantly staying anchored in what is it that consumers trying to do. We're here to enable individuals, businesses and economies to thrive. Rddigital
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