Xbox Might Be Adding Buy Now, Pay Later Options To Its Website
Key Points:
- Xbox’s website may soon introduce Buy Now, Pay Later payment options through PayPal and Klarna, allowing customers to split purchases into staggered payments rather than paying upfront.
- This feature was revealed by Better xCloud via a screenshot of site code referencing PayPal’s Pay Later and Klarna’s Flexible Payments options, though Xbox has not yet confirmed its authenticity.
- PayPal and Klarna typically charge merchants a transaction fee and generate additional revenue from interest on longer-term plans and penalties for missed payments, which can lead to debt collection and credit damage if installments are not met.
- The introduction of these payment options could be aimed at boosting Xbox console sales during a challenging market period and might extend to game purchases, potentially encouraging spending beyond customers’ immediate means.