Buy now, pay whenever? Lockdown lift for online shopping loans in first-world countries


Klarna, Europe’s biggest fintech startup, said that since March enquiries from retailers who may want to partner with it jumped by 20% on average globally. — Reuters

Browsing online during lockdown, Jessica Friend spotted a pair of Ray-Ban sunglasses she liked, but the price tag made the 30-year-old Ohio resident think twice.

What persuaded her to click ‘buy’, Friend said, was the short-term credit offered by Afterpay, which split the US$260 (RM1,114) payment into four interest-free instalments.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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