Australia: Controversial Booze Now, Pay Later Scheme

‘Buy now, pay later’ services are emerging as veritable credit schemes in Australia. Instead of paying a deposit in store to secure a commodity for later purchase, customers can get their goods straightaway and can use them and consume them before making a single payment. Afterpay is the biggest provider of such services in Australia. It even allows alcohol to be bought in this manner, a controversial scheme that has come under scrutiny and criticism…