Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

The risks of buy now, pay later services

ZIP

Zip signage is seen on a storefront in Sydney Source: AAP

There are multiple providers in Australia that offer buy now, pay later schemes on purchases worth up to $30,000, with options to repay in periods ranging from a few weeks to up to five years. One in five of those who missed repayments on their buy now, pay later purchases were cutting back on or missing essentials like meals and paying rent.


Published

Updated

Source: SBS




Share this with family and friends


There are multiple providers in Australia that offer buy now, pay later schemes on purchases worth up to $30,000, with options to repay in periods ranging from a few weeks to up to five years. One in five of those who missed repayments on their buy now, pay later purchases were cutting back on or missing essentials like meals and paying rent.



Latest podcast episodes

Follow SBS Nepali

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

Nepali News

Watch it onDemand

Watch now