Proceedings of the Business Innovation and Engineering Conference (BIEC 2022)

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Is Wise? Use the Paylater Feature During a Pandemic Period

Authors
Parada Jamot Parasian Tambunan1, Nabila Ramadhani Rahmawati1, Permata Ayoe Zahara2, Ika Indah Smaradhani2, Loo Wan Qin3, Lokita Rizky Megawati1, *
1IPB University, Bogor, Indonesia
2Indonesian College of Economic Management, Depok, Indonesia
3Universiti Utara Malaysia, Kedah, Malaysia
*Corresponding author. Email: lokita.rizky@apps.ipb.ac.id
Corresponding Author
Lokita Rizky Megawati
Available Online 15 May 2023.
DOI
10.2991/978-94-6463-144-9_19How to use a DOI?
Keywords
fintech; loan; online; paylater; transaction
Abstract

This study aims to analyse how the paylater is used in the current purchasing process, including the advantages and disadvantages of using it. The method used is a qualitative method in the form of literature review from various journals in previous research. The findings of this study are that the use of paylater in the process of purchasing goods is a very good business innovation because in addition to increasing product sales, the use of paylater schemes also provides convenience and increases consumer loyalty. However, the use of paylater also has some disadvantages such as increased consumer behaviour, messy consumer finances, bad credit, and even the threat of data hacking so that in its implementation certain adjustments need to be made to run well.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the Business Innovation and Engineering Conference (BIEC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
15 May 2023
ISBN
978-94-6463-144-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-144-9_19How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Parada Jamot Parasian Tambunan
AU  - Nabila Ramadhani Rahmawati
AU  - Permata Ayoe Zahara
AU  - Ika Indah Smaradhani
AU  - Loo Wan Qin
AU  - Lokita Rizky Megawati
PY  - 2023
DA  - 2023/05/15
TI  - Is Wise? Use the Paylater Feature During a Pandemic Period
BT  - Proceedings of the Business Innovation and Engineering Conference (BIEC 2022)
PB  - Atlantis Press
SP  - 196
EP  - 203
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-144-9_19
DO  - 10.2991/978-94-6463-144-9_19
ID  - Tambunan2023
ER  -