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I am keen on this company especially the business model of buy now , pay later. In essence, it is giving the retailers a chance to enjoy the use of the products before full payment. This will unconsciously allow the retailers to think they can afford it and thus ends up buying more stuff.
In Singapore, this is a common practice especially for home appliances items like washing machines, refrigerator, TVs, etc. You spent like 5000 SGD and they allow you 36 months to pay by instalments without interest. So, it is a win win for all.
I am keen on this company especially the business model of buy now , pay later. In essence, it is giving the retailers a chance to enjoy the use of the products before full payment. This will unconsciously allow the retailers to think they can afford it and thus ends up buying more stuff.
In Singapore, this is a common practice especially for home appliances items like washing machines, refrigerator, TVs, etc. You spent like 5000 SGD and they allow you 36 months to pay by instalments without interest. So, it is a win win for all.
Comment:
wait for 108 support to see if any bullish signals is establish before going long
