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19 May 2021
Half of Singaporeans avoiding 'buy now, pay later' services
Money & financePurchase behaviourDigital payments
Just 13% of Singaporeans have used a 'buy now, pay later' (BNPL) service and one in two (48%) say they have not used one and aren't considering one in the future, according to a survey from YouGov. The service allows customers to pay for their purchases in instalments, without the use of a credit card and at a 0% interest rate.