Gork@sopuli.xyz to Lemmy Shitpost@lemmy.world · 4 days agoFinally paid off my Costco hotdog in 4 easy installments!sopuli.xyzimagemessage-square75linkfedilinkarrow-up1900arrow-down16
arrow-up1894arrow-down1imageFinally paid off my Costco hotdog in 4 easy installments!sopuli.xyzGork@sopuli.xyz to Lemmy Shitpost@lemmy.world · 4 days agomessage-square75linkfedilink
minus-squareSgt_choke_n_stroke@lemmy.worldlinkfedilinkarrow-up24·3 days agoIf a bunch of people did this would it bankrupt the bnpl people because of how miniscule the payments are?
minus-squarePacattack57@lemmy.worldlinkfedilinkarrow-up10·3 days agoNo usually the payment has the interest build in. The way klarna and other interest free services make money is they charge a fee to the merchant. Otherwise saying they wouldn’t have gotten the sale if not for klarna so they take a 6% fee
minus-squareeletes@sh.itjust.workslinkfedilinkEnglisharrow-up9·3 days agoThey’d just charge some fee and call it processing or some shid
If a bunch of people did this would it bankrupt the bnpl people because of how miniscule the payments are?
No usually the payment has the interest build in. The way klarna and other interest free services make money is they charge a fee to the merchant. Otherwise saying they wouldn’t have gotten the sale if not for klarna so they take a 6% fee
Lets give inflation some steroids!!
They’d just charge some fee and call it processing or some shid
Convenience fee !!