Credit cards, move over: Filipinos really love buy now, pay later
AI Summary
Buy now, pay later services are booming in the Philippines, with one leading provider seeking to become a bank and appointing a former senior government official to its board. Rappler examines the growth of the sector with TransUnion.
BNPL is running red-hot, enough for one top player to turn itself into a bank and snag one of the governmentβs former highest paid official for its board. Rappler sits down with TransUnion to unpack the boom.