Singapore officials fret as Gen Z consumers take to ‘pay later’ schemes
  • BNPL services allow buyers to spread out the cost of a purchase over a few months without interest fees, making even big-ticket items seem within reach
  • Its growing popularity among young people is unnerving regulators and politicians who fear the apps prey on consumers who may be financially naive
15 Jun 2021 - 6:00PM
Singapore
Singapore officials fret as Gen Z consumers take to ‘pay later’ schemes
15 Jun 2021 - 6:00PM
  • BNPL services allow buyers to spread out the cost of a purchase over a few months without interest fees, making even big-ticket items seem within reach
  • Its growing popularity among young people is unnerving regulators and politicians who fear the apps prey on consumers who may be financially naive

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