Thanks to numerous language translation apps and services, communication and understanding among people of different languages is now easier. However, the language barrier continues to be a hurdle. CNN Sans ™ & © 2016 Cable News Network.Globalization and the ever-expanding reach of the Internet have connected people around the world. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account “So the possibility is that you could, in your mind, think of everything that you’re buying in those four installments and, as a result, take on more debt than you would if you had to pay for them in full each and every time.”īut Apple says the new feature is “designed with users’ financial health in mind.” Bradford, a research specialist in payment systems for the Kansas City Federal Reserve, previously told CNN. The installment process makes it seem like someone is paying practically nothing for the goods or service they’re acquiring, Terri R.
Other popular services that offer the same payment option include Affirm, Klarna and Afterpay.īut some economists and consumer advocates have raised concerns that these services could cause shoppers to take on more debt. Amazon to let customers pay with Venmo at checkoutĪpple’s move comes as a growing number of consumers have turned to buy now, pay later services to stretch their budgets at a time of high inflation and broader economic uncertainty.
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