The ugly economics behind Apple’s new Pay Later system

Ugly

Economics

Behind

Apples

Later

System

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The ugly economics behind Apple’s new Pay Later system

Apple is getting into the buy now, pay later (BNPL) business with its new Pay Later service set to be integrated into Apple Pay. BNPL doesn’t come without a number of known risks, however.

https://www.theverge.com/2022/6/8/23157184/ugly-economics-behind-apple-buy-now-pay-later-system-bnpl

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