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Buy Now, Pay Later

There's a new phenomenon in the lending market - Buy Now, Pay Later. It's popular with retailers and customers alike. But is it worth the hype? Evan Davis finds out

What's behind the explosion in popularity of Klarna and its competitors? Most of us have found ourselves wanting something that we can’t quite afford. If you’re low on funds and waiting for money to come in, there are a multitude of borrowing options, from overdrafts and loans to credit cards. A new option that is expanding fast is the Buy Now Pay Later model, where customers have the option to pay back money for their purchases and there’s no interest charges - provided the debts are cleared on time. But is it too good be true? Join Evan Davis and his panel of experts to get to the bottom of the BNPL industry

GUESTS
Alex Marsh, Head of Klarna UK
Alice Tapper, financial journalist
Sameer Pethe, Financial Services Partner, Kearney

Producer: Lucinda Borrell
Sound: Graham Puddifoot
Production Coordinators: Sophie Hill and Siobhan Reed
Editor: Hugh Levinson

Produced in association with the Open University

Available now

28 minutes

Last on

Sat 2 Apr 2022 17:30
Βι¶ΉΤΌΕΔ Radio 4

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Broadcasts

  • Thu 24 Feb 2022 20:30
    Βι¶ΉΤΌΕΔ Radio 4
  • Sat 2 Apr 2022 17:30
    Βι¶ΉΤΌΕΔ Radio 4

The Open University

Go beyond the headlines and learn more about business with The Open University.

Podcast

  • The Bottom Line

    The definitive business podcast from the Βι¶ΉΤΌΕΔ. Hosted by Evan Davis.