Buy now, pay later? Tempting, but know the risks and pitfalls

The interest-free flexible payment option is gaining traction in the UAE

- BY JUSTIN VARGHESE

Picture this: You're scrolling online, spot a new phone or that sleek sofa you’ve been eyeing, and... your wallet says, “Maybe later.” But what if you didn’t have to wait? Enter Buy Now, Pay Later (BNPL) — a payment option that’s quietly taking UAE shoppers by storm.

From pizzas to concert tickets, groceries to gadgets, BNPL is making it easier than ever to get what you need — or really want — without feeling the pinch all at once. And the best part? Most of the time, there’s zero interest if you pay on time.

A trend that is catching on