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The New Daily
The New Daily
Sezen Bakan

‘Dangerous strategy’: Buy-now/pay-later grocery shopping sparks debt fears

Gerard Brody BNPL David Hancock NAB
Think twice before using credit to pay for your groceries. Photo: TND/Getty

Finance experts are concerned about the expansion of buy-now/pay-later (BNPL) platforms into everyday shopping as supermarkets and petrol stations open their arms to the fast growing industry.

During the week, BNPL platform Fupay expanded into the grocery and fuel sectors through new partnerships with supermarkets Foodworks and IGA Marketplace, as well as service station chain United Petroleum.

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