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Buy now, pay later does not worsen debt, says Happy Pay

eriinfo.com3 days ago05 mins

Fintech firms Ozow and Happy Pay have established a partnership to position BNPL as an option at checkout, tapping growth within the BNPL space. (Image: 123RF) The buy now, pay later (BNPL) model does not encourage or drive overspending, according to South African payment platform Happy Pay, which says this would not serve anyone’s interest…

Samsung sees no respite as memory shortage set to worsen

eriinfo.com3 weeks ago06 mins

An aerial view of the Samsung Electronics’ chip production facilities at Hwaseong, South Korea Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip income, saying it expects a severe supply shortage to deepen next year as clients spend on AI, driving up prices of its memory chips. The world’s…