Buy-now, pay-later costing shoppers

Convenience of buy-now, pay-later comes at multimillion-dollar cost.

Shoppers who use buy-now, pay-later are being charged more than $10 million a year in late fees, our latest survey found.

Close to four out of 10 Kiwi consumers use buy-now, pay-later services – such as Afterpay, Laybuy and Zip.

Paying this way is marketed as a convenient option: you get your goods upfront and pay them off in weekly or fortnightly instalments.

Companies are keen to emphasise the services are interest-free. But the big downside is you’ll be charged late fees if you can’t pay an instalment on time.

Read the full article here - https://www.consumer.org.nz/articles/buy-now-pay-later-costing-shoppers-10m-in-fees

Kim Manunui

Hi, I’m Kim and I work with a great team to help individuals, as well as small and not so small businesses get their message, product and services to the world using digital media and creating wonderful websites that don’t cost the earth.

I was born in Canada, and grew up around Vancouver and the mountains of British Columbia. My love of pristine environments led me to New Zealand and eventually to the mountains, lakes and rivers of the central North Island which is home. My family’s heritage is here, and it’s from here that Korio traverses the planet.

The digital world is never static and neither are we.

And I say ‘we’ because I work with an awesome group of talented people who I gather together as required to complete a project.  Whatever your business, not-for-profit or individual needs are we gather the best team to get the job done.

Collaboratively we are creative, share sustainable values and work hard for great outcomes because that’s the buzz of satisfaction that drives us.

If you have an audience and market to reach, we can make that happen. Creative design, words that work and smart behind the scenes stuff that cuts through the online noise. We’ll design your website and then build it. We’ll manage the content as well as all your hosting needs. We can handle your online advertising so you get noticed,
and we’ll manage your social media presence so you get the clicks, likes and engagement to grow your business. All within the budget you set, because none of this needs to cost the earth.  And the job doesn’t stop when your website goes live. We are your virtual business partner.

https://www.korio.co.nz
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