Na-experience mo na ba na habang nag scroll ka ng social media feed mo eh may nag appear na ad bout an item na matagal mo nang gustong makuha or iregalo sa mahal mo.

After clicking the ad, napansin mo na ang mahal pala nung item na yun and hindi mo na ma-afford kasi sira na budget mo this month because of the holiday season!

But wait, there’s more!

Merong banner sa baba that says, Buy Now, Pay Later with 4 easy interest-free payments!

Napaisip ka bigla…. instead na 1000 dirhams, 250 na lang! siguro kaya ko na tong bilhin ngayon.

Wait lang! Wag kang kikilos ng masama!

Isipin mo muna..

Is it OK to buy the item now and pay for it later?

Are Buy Now Pay Later companies actually “helping” you get the things you want—right now.

Or do they actually “help” you go into debt for a lifestyle you can’t really afford.

Yan ang ating tatalakayin ngayon as we discuss this increasingly popular payment scheme called Buy Now, Pay Later AKA BNPL.

In this episode you’ll learn:

  • What Buy Now Pay Later is

  • What you can buy with BNPL

  • How BNPL works

  • How BNPL companies make money

  • Advantages of BNPL

  • Disadvantages of BNPL

Sources:

  • Filipino consumers' appetite for alternative lending increases:[bit.ly/3rbrXJw]

  • Top 20 BNPL nations ranked by e-commerce size and market share: [https://bit.ly/3HT9x66]

  • Philippines Buy Now Pay Later Market Report 2021: BNPL Payments to Grow by 66.6% in 2021 - Forecast to 2028: [bit.ly/3p5t36Q]

  • Buy Now, Pay Later – Boom or Bust?: [https://bit.ly/3FOnlwS]

  • Buy Now, Pay Later: The “New” Payments Trend Generating $100 Billion In Sales:[https://bit.ly/3riGOBU]

  • Credit Karma Article: [https://bit.ly/318C9aT]

  • BUY NOW, PAY LATER STATISTICS AND USER HABITS (C+R Research):[https://bit.ly/3p4JXT3]

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