In the US BNPL is almost the standard way of paying for almost everything. The same as with creditcards. But in Europe, this payment method could turn out as a disaster as unaware Europeans are about to get caught in the open. Hit that follow button if you like our content! Chapters: 00:00 Intro 00:53 What BNPL actually is 03:00 The history of BNPL 04:01 The dubious revenue streams 04:55 Why it feels like "free money" 06:05 Why it's an issue for Europeans 07:54 The EU's response to BNPL danger 10:40 What is at stake for Europeans Subscribe and turn on notifications 🔔 so you don't miss any videos: https://www.youtube.com/@UCsyT6m-4oXgsEolAKSwarJg Script & research: Ruben Voiceover/Presentator: Ruben Edit: Rajesh