Money on a Monday: The attraction and pitfalls of Buy Now Pay Later

South Africans are reliant on credit and payment options to afford essentials, and Buy Now Pay Later platforms have given them an affordable alternative to taking out a store account or loan.  But there is a danger that account holders could soon find themselves overextended and unable to keep up with their payments, and incur heavy penalties. Lester Kiewit speaks to Thabiso Legodi, market researcher at The Entries. Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show.  Lester Kiewit brings you a fresh and reliable start to the day on Good Morning Cape Town with Lester Kiewit. The show covers the stories that matter to Cape Town, with clear, thoughtful conversations and a focus on what’s relevant and interesting. Thank you for listening. Catch the show live on Primedia+ weekdays from 6 am to 9 am (South African time) https://buff.ly/NnFM3Nk Find more from the show and catch‑up podcasts on Primedia+ https://buff.ly/xGkqLbT Subscribe to the CapeTalk newsletter to stay up to date https://buff.ly/sbvVZD5  Let’s keep the conversation going online: CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/capetalkza CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567See omnystudio.com/listener for privacy information.