How is it any different to people using their credit cards?
Reminds me of the lottery: largely used by people who can least afford it, and who dramatically underestimate the costs of those small expenses adding up during the week.
I thought the general consensus on this sub was “Are poor people not allowed nice things anymore?”
Cash flow
Paying extra to have takeaway food delivered was always going to be the first luxury to forego
Saw the same thing for grocery shopping not that long ago. Reeeeeeeally shouldn’t be financing food, but here we are.
I don’t know how it is for others in the UK but I’m sick of these delivery apps.
I rarely get the full order delivered, it’s always either missing items or is cold and often spend half the time I should be enjoying my food, arguing with a rep from one of them to get my money back.
To have the cheek to charge around a fiver for service and delivery is a joke too.
It’s not much different to being able to add PayPal since there is PayPal credit and PayPal pay in 3.
We need to focus on money management learning as opposed to “protect” people by banning things like this.
It seems odd that you are paying for a takeaway in installments. Surely if you can’t afford to pay it outright then maybe you shouldn’t be having a takeaway which is more expensive then cooking it yourself.
For those who say it’s the same as credit cards, that not entirely correct. If you have a credit card that gives cash back and you pay the credit card off in full every month then you are using your credit card correctly. If you never pay off your credit card and keep adding more and more and paying off a little then you are slowly spiraling into more debt which is just a disaster waiting to happen.
You will own nothing and be happy – even the food in your mouths
Ridiculed today, standard tomorrow. How else are people not going to pay for food?
Pretty sure I saw a TikTok making a joke about this sort of stuff…how the turntables….
I hate how Klarna is being pushed everywhere. Yes, more debt is what we need! How do people not see that this pay in installments shit is a complete scam? You’re not saving money!
William Shu has Asian roots. Perhaps he’s just taking notes on what’s going on in the Asian delivery business, which is bigger than its European counterpart. In developed markets in Asia now, paying in installments is a common OPTION, for instance on Taobao or Tmall, even for relatively small orders (say, over 10 quid). Food delivery is fairly cheap out here so there’s little need but for a market like the UK where orders often go into £30+, it might be something some customers are interested in. Anyhowz, if you want to pay outright, just do that obviously.
Fancy coming out to the pub this weekend mate?
Can’t mate, still paying off the kebab and chips I had two weeks ago.
Goes without saying but if you need to pay for a takeaway with finance , you probably shouldn’t be buying one.
With all the delivery fees, and other fees and charges, and tipping, Deliveroo effectively doubles the price of your food.
So just go to the damn place yourself and get it for half price.
Your £30 Deliveroo is now £15
Then you don’t need to pay for your food in instalments with Klarna
This is loansharking with a tech wrapping.
Cut your food prices to what people can afford.
>The fact that consumers have been driven to short-term financing alternatives to afford a takeaway
The fact that Deliveroo are offering this doesn’t mean that consumers are asking for it.
It is integrated into Paypal now, I think, and as Deliveroo allow Paypal they can just offer Klarna in case anybody wants to use it. They would have to have a good reason to decide not to offer it, because lots of other companies that accept Paypal offer it.
And there are perfectly valid use cases. Maybe someone is ordering a stack of pizzas for a one-off party. They don’t do it every month, but being able to spread the cost over 3 months might be very useful to them. Maybe someone is in the habit of buying lots of things on Klarna, and uses it to even out more expensive months by paying off part of it in months when they don’t spend as much. They might do that for lots of things, with takeaways just a small part of the total because why not?
Lots of people use credit cards like this, except they only get a month’s free credit.
Are we the personal finance police now, telling Deliveroo they shouldn’t be allowed to offer Klarna because we’ve decided that the sort of people who might use it are too stupid to decide for themselves?
Are we going to hunt through all the other companies that offer Klarna and call out the others who offer it when we don’t think they should? Or is it enough to just get enraged about Deliveroo but ignore the rest?
Of course buying anything on credit is a risk, even with a credit card. You might expect to pay it off in full next month but unexpectedly lose your job. Or you might be tempted into overspending and end up spiralling into debt. But those are general problems with consumer credit, not a specific problem with Deliveroo specifically offering Klarna. The fact that the world and his dog accept credit cards is just as big a problem.
I agree, this new craze of paying in installments is getting out of hand. My website provider automatically added clear pay to my website, I personally think if you don’t have the cash for a houseplant then you shouldn’t be buying one.
I swiftly deleted the clear pay option!
Cheaper to go to the pub for dinner than get a Deliveroo in parts of London.
These threads are always punctuated by people who act all oblivious and say things like “How is this different to paying off a credit card in full every month?”.
Obviously that’s not what the problem is.
PayPal also allows to pay later, so do credit cards. As per my understanding Klarna is just another payment provider, the installments are just an option they provide for all payments.
If someone is skint, should you be ordering take aways? Even then it is cheaper to go in person than on Deliveroo.
People have always used Klarna to buy things they don’t need with money they don’t have
What about the customer service and refund policy? We ordered McDonald’s and bought 2 large meals with 2 shakes (+60p extra for shake). Only the chips and burgers turned up, we asked for them to send the shakes or give a refund, but they only gave us a refund of £1.20 for upgrading the drinks to milkshakes, Milkshakes are £2.60 each on their menu. Then they refused to help and marked the help ticket as fixed.
**TLDR**: Ordered 2 large meals with shakes, got no shakes. Customer service refused to help, was charged £4 for something we didn’t get.
I’ve been extremely suspicious of these pay later things popping up everywhere. They strike me as just another avenue to predatory lending like pay day loans; just dolled up in fancy UI and easy interactivity with online payments instead.
Christ this is pathetic. How far have we fallen that people have to pay for a takeaway in installments.
Deliveroo must believe there’s enough demand out there for it and the sad part is people will do it.
Ah good old usury, it’s been a while since it was this prolific
loans to buy the weekly food shop, is already end stage capitalism, but applying it to the most expensive way to get a take out, is utter insanity.
Consider that, and how little money riders make, then you really see how the system exploits people, at every level.
What’s at steak here? I think they need to get to the meat of the problem. Their idea is getting a salty reception. It’s literally peppered with issues…. I’ll get my coat
You can already do something similar if you use PayPal to pay (Well on JustEat anyway, only one I have really used so far so unsure the deal with others). It allows you to use the pay in 3 option, and if I remember correctly even PayPal credit if you have it.
If you have to pay for a takeaway in installments you probably shouldn’t be eating takeaways
I can’t wait to watch the Netflix Documentary on this in 2 years time
33 comments
How is it any different to people using their credit cards?
Reminds me of the lottery: largely used by people who can least afford it, and who dramatically underestimate the costs of those small expenses adding up during the week.
I thought the general consensus on this sub was “Are poor people not allowed nice things anymore?”
Cash flow
Paying extra to have takeaway food delivered was always going to be the first luxury to forego
Saw the same thing for grocery shopping not that long ago. Reeeeeeeally shouldn’t be financing food, but here we are.
I don’t know how it is for others in the UK but I’m sick of these delivery apps.
I rarely get the full order delivered, it’s always either missing items or is cold and often spend half the time I should be enjoying my food, arguing with a rep from one of them to get my money back.
To have the cheek to charge around a fiver for service and delivery is a joke too.
It’s not much different to being able to add PayPal since there is PayPal credit and PayPal pay in 3.
We need to focus on money management learning as opposed to “protect” people by banning things like this.
It seems odd that you are paying for a takeaway in installments. Surely if you can’t afford to pay it outright then maybe you shouldn’t be having a takeaway which is more expensive then cooking it yourself.
For those who say it’s the same as credit cards, that not entirely correct. If you have a credit card that gives cash back and you pay the credit card off in full every month then you are using your credit card correctly. If you never pay off your credit card and keep adding more and more and paying off a little then you are slowly spiraling into more debt which is just a disaster waiting to happen.
You will own nothing and be happy – even the food in your mouths
Ridiculed today, standard tomorrow. How else are people not going to pay for food?
Pretty sure I saw a TikTok making a joke about this sort of stuff…how the turntables….
I hate how Klarna is being pushed everywhere. Yes, more debt is what we need! How do people not see that this pay in installments shit is a complete scam? You’re not saving money!
William Shu has Asian roots. Perhaps he’s just taking notes on what’s going on in the Asian delivery business, which is bigger than its European counterpart. In developed markets in Asia now, paying in installments is a common OPTION, for instance on Taobao or Tmall, even for relatively small orders (say, over 10 quid). Food delivery is fairly cheap out here so there’s little need but for a market like the UK where orders often go into £30+, it might be something some customers are interested in. Anyhowz, if you want to pay outright, just do that obviously.
Fancy coming out to the pub this weekend mate?
Can’t mate, still paying off the kebab and chips I had two weeks ago.
Goes without saying but if you need to pay for a takeaway with finance , you probably shouldn’t be buying one.
With all the delivery fees, and other fees and charges, and tipping, Deliveroo effectively doubles the price of your food.
So just go to the damn place yourself and get it for half price.
Your £30 Deliveroo is now £15
Then you don’t need to pay for your food in instalments with Klarna
This is loansharking with a tech wrapping.
Cut your food prices to what people can afford.
>The fact that consumers have been driven to short-term financing alternatives to afford a takeaway
The fact that Deliveroo are offering this doesn’t mean that consumers are asking for it.
It is integrated into Paypal now, I think, and as Deliveroo allow Paypal they can just offer Klarna in case anybody wants to use it. They would have to have a good reason to decide not to offer it, because lots of other companies that accept Paypal offer it.
And there are perfectly valid use cases. Maybe someone is ordering a stack of pizzas for a one-off party. They don’t do it every month, but being able to spread the cost over 3 months might be very useful to them. Maybe someone is in the habit of buying lots of things on Klarna, and uses it to even out more expensive months by paying off part of it in months when they don’t spend as much. They might do that for lots of things, with takeaways just a small part of the total because why not?
Lots of people use credit cards like this, except they only get a month’s free credit.
Are we the personal finance police now, telling Deliveroo they shouldn’t be allowed to offer Klarna because we’ve decided that the sort of people who might use it are too stupid to decide for themselves?
Are we going to hunt through all the other companies that offer Klarna and call out the others who offer it when we don’t think they should? Or is it enough to just get enraged about Deliveroo but ignore the rest?
Of course buying anything on credit is a risk, even with a credit card. You might expect to pay it off in full next month but unexpectedly lose your job. Or you might be tempted into overspending and end up spiralling into debt. But those are general problems with consumer credit, not a specific problem with Deliveroo specifically offering Klarna. The fact that the world and his dog accept credit cards is just as big a problem.
I agree, this new craze of paying in installments is getting out of hand. My website provider automatically added clear pay to my website, I personally think if you don’t have the cash for a houseplant then you shouldn’t be buying one.
I swiftly deleted the clear pay option!
Cheaper to go to the pub for dinner than get a Deliveroo in parts of London.
These threads are always punctuated by people who act all oblivious and say things like “How is this different to paying off a credit card in full every month?”.
Obviously that’s not what the problem is.
PayPal also allows to pay later, so do credit cards. As per my understanding Klarna is just another payment provider, the installments are just an option they provide for all payments.
If someone is skint, should you be ordering take aways? Even then it is cheaper to go in person than on Deliveroo.
People have always used Klarna to buy things they don’t need with money they don’t have
What about the customer service and refund policy? We ordered McDonald’s and bought 2 large meals with 2 shakes (+60p extra for shake). Only the chips and burgers turned up, we asked for them to send the shakes or give a refund, but they only gave us a refund of £1.20 for upgrading the drinks to milkshakes, Milkshakes are £2.60 each on their menu. Then they refused to help and marked the help ticket as fixed.
**TLDR**: Ordered 2 large meals with shakes, got no shakes. Customer service refused to help, was charged £4 for something we didn’t get.
I’ve been extremely suspicious of these pay later things popping up everywhere. They strike me as just another avenue to predatory lending like pay day loans; just dolled up in fancy UI and easy interactivity with online payments instead.
Christ this is pathetic. How far have we fallen that people have to pay for a takeaway in installments.
Deliveroo must believe there’s enough demand out there for it and the sad part is people will do it.
Ah good old usury, it’s been a while since it was this prolific
loans to buy the weekly food shop, is already end stage capitalism, but applying it to the most expensive way to get a take out, is utter insanity.
Consider that, and how little money riders make, then you really see how the system exploits people, at every level.
What’s at steak here? I think they need to get to the meat of the problem. Their idea is getting a salty reception. It’s literally peppered with issues…. I’ll get my coat
You can already do something similar if you use PayPal to pay (Well on JustEat anyway, only one I have really used so far so unsure the deal with others). It allows you to use the pay in 3 option, and if I remember correctly even PayPal credit if you have it.
If you have to pay for a takeaway in installments you probably shouldn’t be eating takeaways
I can’t wait to watch the Netflix Documentary on this in 2 years time