On Buy Now Pay Later, Commerce networks, AI to drive efficiency and the comparison with Affirm
Should the sentence ending with the phrase to reduce trust actually be aiming to INCREASE trust?
“Initially, it was more of a “Pay After Delivery” model than the pay in installments that is common today aiming to reduce trust.”
Hi Tanay, thank you for this writeup! Do you know why Affirm's take rate is much higher than Klarna? BNPL seems like a commodity-ish product so this is a very surprising number.
Longer term loans with more interest and fees to consumers.
Should the sentence ending with the phrase to reduce trust actually be aiming to INCREASE trust?
“Initially, it was more of a “Pay After Delivery” model than the pay in installments that is common today aiming to reduce trust.”
Hi Tanay, thank you for this writeup! Do you know why Affirm's take rate is much higher than Klarna? BNPL seems like a commodity-ish product so this is a very surprising number.
Longer term loans with more interest and fees to consumers.