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Buy now, pay later . . . for a burrito?
In 2010, a programmer who was mining bitcoin famously made the comically expensive mistake of spending 10,000 bitcoin on two pizzas. As of this writing,
While there are few comparisons to that kind of miscalculation, the prospect of adding interest payments to fast-food orders is raising concerns nonetheless. Stemming from a partnership announced earlier this week between DoorDash and Klarna, customers can now buy a burrito or McDonalds order and pay for it later across four interest-free payments. Says Chuck Bell of Consumer Reports to the New York Times: “If you don’t pay the bill on time and you start getting multiple late fees, it could end up being a very expensive chile relleno or pad Thai.”
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