Doordash And Klarna Offer Buy Now, Pay Later For Food Delivery

Would you take out a loan for a burrito? DoorDash and Klarna are teaming up to give customers the option to pay for food delivery in installments. Diners will now have the option to pay in full, pay in four installments, or postpone payments to “a more convenient time”…like payday. The orders are interest-free if paid off in four equal installments. Buy-now, pay-later offerings may provide an alternative to consumers wary of using a credit card. However, Consumer Reports warns against buy now, pay later loans, as the interest can accrue the longer a customer takes to pay it off. (CBS News)