Comment on Marketing

• 666dollarfootlong@lemmy.world ⁨20⁩ ⁨hours⁩ ago

  Okay, well the interest goes to the poor, entreprenourial small business owner who made your burrito, right?

  Right?

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  • boonhet@sopuli.xyz ⁨16⁩ ⁨hours⁩ ago

    Those are usually interest free services. The company selling you the product pays the fee. Which means the fee is baked into every product.

    But also it’s a way to increase sales, otherwise they wouldn’t offer it. Not sure why the fuck they’re offering it on fast food in the US though, it’s meant for stuff that cost a bit more than you could afford right away in one payment but won’t make you destitute to pay in 3. E.g when I bought a bicycle, I bought a slightly nicer one than I had spare cash for, but paid the exact price over 3 months, not a cent extra. Not with Klarna, but similar service in my country.

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    • kungen@feddit.nu ⁨16⁩ ⁨hours⁩ ago

      Those are usually interest free services.

      Until you forget a single payment… then you’ll get retroactive interest (back to the day of your purchase) at a very high percent, as well as other fees.

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      • boonhet@sopuli.xyz ⁨14⁩ ⁨hours⁩ ago

        Ah, maybe in the US. This wouldn’t fly here.

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• Pudutr0n@lemmy.world ⁨20⁩ ⁨hours⁩ ago

  I would like to finance 1 burrito, please.

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• Grandwolf319@sh.itjust.works ⁨16⁩ ⁨hours⁩ ago

  If they have no minimum then you can totally make it cost them money

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  • papalonian@lemmy.world ⁨15⁩ ⁨hours⁩ ago

    I’m sure you could, but with financial literacy where it is, I doubt even automating it at a mid sized scale would be enough for them to cut back on lending.

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