What the Hell is BNPL?

What the Hell is BNPL?

Money is tight these days. Holiday shopping, ballooning inflation, and a looming recession have forced people to more carefully consider their finances. Those factors might help explain the explosion of Buy Now, Pay Later services. BNPL plans offered by companies like Affirm, Afterpay, and Klarna let you spread the cost of a purchase over multiple installments, without the fees or interest rates of most credit cards. Of course, free money always comes with a catch.

This week on Gadget Lab, we dig into the Buy Now, Pay Later phenomenon and what it means for the future of shopping.

Show Notes

Read Lauren’s interview with Max Levchin. Check out more of WIRED’s reporting about buy now, pay later programs. Follow our coverage of all things ecommerce.

Recommendations

Lauren recommends the third season of the show Dead to Me. Mike recommends the Select Five podcast, specifically the episode with him on it (episode 19).

Lauren Goode is @LaurenGoode. Michael Calore is @snackfight. Bling the main hotline at @GadgetLab. The show is produced by Boone Ashworth (@booneashworth). Our theme music is by Solar Keys.

Learn about your ad choices: dovetail.prx.org/ad-choices

Episoder(426)

The TikTok Dance

The TikTok Dance

In August, Trump signed executive orders that labeled both TikTok and another Chinese-owned app, WeChat, as national security threats. Unless they could broker a deal that would transfer majority cont...

25 Sep 202023min

Apple Bundles Up

Apple Bundles Up

Apple's September product events are usually noteworthy for their hardware announcements. But this year, like with just about everything else, was different. Apple did unveil new Watches and iPads, bu...

18 Sep 202030min

Connected Cardio

Connected Cardio

Even before the pandemic, Peloton was the clear leader in connected, at-home workout equipment. So it was really no surprise that when gyms closed down and people found themselves stuck inside, Peloto...

11 Sep 202030min

Tech the Vote

Tech the Vote

Whether you're prepared for it or not, the United States is hurtling toward another presidential election. Like just about everything in 2020, the voting process has been disrupted by the pandemic. Mo...

4 Sep 202031min

Alexa, Play My Alibi

Alexa, Play My Alibi

As smart speakers for the home continue to grow in popularity, police departments have started to take notice. Now, whenever attorneys and law enforcement officials are investigating a crime, they can...

28 Aug 202029min

Let’s Talk About Texts

Let’s Talk About Texts

Maybe you aren't a political dissident engaging in top secret conversations over text messages. But if you care about privacy, you should probably be using Signal—or really, another encrypted service—...

21 Aug 202028min

The Foldable Future

The Foldable Future

This week, Microsoft's dual screen Surface Duo became available for sale. Like many other folding devices, the Duo has been marketed as a product for busy workers on the go. But now, months into a pan...

14 Aug 202026min

We Love Cheap Phones

We Love Cheap Phones

Used to be that if you wanted a new phone, you had to choose between something cheap and something good. But a recent slate of smartphones like the new Google Pixel 4A and the Apple iPhone SE offer an...

7 Aug 202032min

Populært innen Teknologi

lydartikler-fra-aftenposten
romkapsel
teknisk-sett
rss-impressions-2
shifter
rss-ki-praten
tomprat-med-gunnar-tjomlid
fornybaren
energi-og-klima
elektropodden
nasjonal-sikkerhetsmyndighet-nsm
pedagogisk-intelligens
rss-ai-forklart
rss-alt-vi-kan
rss-digitaliseringspadden
smart-forklart
hans-petter-og-co
rss-teknologioptimistene-energibransjens-it-podcast
rss-praktisk-proptech
rss-startup