Answer Question
Is it socially responsible to offer Buy Now Pay Later plans when most people are defaulting?
We've been wondering if we should offer BNPL plans like Klarna's knowing full well that they are a debt trap? Many of the people who use them can't really afford the products or may not need them as much and BNPL encourages them to buy on impulse. I see that even ethical brands like Patagonia are doing this. The other issue is promoting Klarna's brand. If we go down this route, is there a white label solution we can use? What do you think?