The Pros and Cons of Buy Now, Pay Later in South Africa – Regulation & Consumer Risks

Loading player...
Buy Now, Pay Later (BNPL) has become a popular payment method in South Africa, allowing consumers to split purchases into interest-free instalments. While convenient, the lack of regulation and affordability checks raises concerns. In this podcast, Leonie van Pletzen, CEO of Microfinance South Africa, highlights the risks—such as over-indebtedness and unrecorded credit bureau data—that leave consumers vulnerable. She calls for industry collaboration and responsible regulation to protect consumers while encouraging financial education. The discussion also explores how unchecked BNPL providers impact credit scores and why transparency is crucial for sustainable lending.
19 Aug English South Africa Religion & Spirituality · Christianity

Other recent episodes

DR. RINA DE KLERK-WEYER - Self-Aanvaarding: Wees Vry om Jou Ware Self te Wees

Hoe stop jy die eindelose kritiek in jou kop en leer jy om jouself regtig te aanvaar? In hierdie insiggewende gesprek praat Dr. Rina oor die fundamentele rol van self-aanvaarding om gesonde verhoudings met jouself en ander te bou. Sy verduidelik hoekom dit noodsaaklik is om jou "swakpunte" as "groeiareas"…
29 Sep 16 min

Mirka Returns with 'Phoenix': A Nashville-Based Artist's Love Letter to South Africa

After a 12-year hiatus, South African-born, Nashville-based artist Mirka returns with her eighth studio album, 'Phoenix.' In this interview, she discusses the personal journey that led her away from and back to music, explaining the album's theme of resurrection and hope. Myrka shares the inspiring story behind her anthemic new…
26 Sep 14 min

From SA to the USA: Chané B's International Music Breakthrough

In this inspiring interview, South African artist Chané (now known professionally as Chané B) details her unexpected and successful two-month trip to the United States. What began as a church-connected visit to Florida evolved into a major music breakthrough, connecting her with a Dove Award-winning producer (Andy Anderson, who has…
19 Sep 12 min