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EconomicsELI5 How do companies like Klarna and Afterpay make money without charging interest?(self.explainlikeimfive)
submitted 6 months, 2 weeks ago by jups2709 to /r/explainlikeimfive (23.4m)
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I see these companies offering installment payment options for online purchases but they don't charg...

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[–][deleted]2 points6 months, 2 weeks ago

Aside from transaction fees from merchants and late payment fees and interest from customers, they also make money with the data they get from transactions made on their platform.

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