Buy Now, Panic Later? The Truth Behind BNPL in South Africa.
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GUEST: Lerato Lamola – Partner at Webber Wentzel
The "Buy Now, Pay Later" (BNPL) revolution has arrived in South Africa, promising a frictionless consumer experience: interest-free payments, zero credit checks, and instant gratification. But is this fintech marvel as clean as it looks? We speak with Lerato Lamola, a Partner at Webber Wentzel, to unpack the legal, regulatory, and ethical questions that the BNPL boom is raising in our credit-light economy.
The "Buy Now, Pay Later" (BNPL) revolution has arrived in South Africa, promising a frictionless consumer experience: interest-free payments, zero credit checks, and instant gratification. But is this fintech marvel as clean as it looks? We speak with Lerato Lamola, a Partner at Webber Wentzel, to unpack the legal, regulatory, and ethical questions that the BNPL boom is raising in our credit-light economy.
