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Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

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Re: Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

#11
At first I thought this was about Microsoft applying this payment option to purchases made through its (app) store. This applies to purchases made via Edge on any website. I wonder how they do that, will they fill the credit card details with a virtual CC generated on the fly by Zip?

Re: Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

#12

Slightly related but windows 11 is such a bad version that I'm going back to windows 10. The hotch potch of the old menus and the new menus are bizarre to say the least.

My favorite new features of Windows 11 are the fact that my wireless adapter suddenly sucks and that it now takes me two clicks to get the full right click menu.

Re: Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

#13
post #4

This article is click-bait bullshit. The title says "Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge browser" But the text says: "Microsoft has not responded to repeated requests for comment. Given the widespread condemnation of the feature, it may be reconsidering a full rollout – its deal with Zip permitting." There is zero substance in this article. And I say the above as a 90's Lin…

>It may be reconsidering a full rollout This is speculation on the articles behalf, so for all intents and purposes until it is officially nixed, it IS going forward. So you basically have said the article is true and you are just being a little hostile no? Do you work on this browser?

Re: Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

#14
post #8

Microsoft finally made a browser which renders websites as expected, is up-to-date regarding security and features, and (most) people actually don't have the need to replace it with anything else. I will never understand why they NEED to ruin this. It's baffling.

It is a for profit company, the reason is always profit.

I'm honestly not sure how much profit a 2 trillion dollar company is supposed to generate from an interest free pay later browser bloatware feature

Even if you're Scrooge McDuck that sounds not worth it

Re: Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

#15
> It allows any purchase between $35 and $1,000 made through Microsoft Edge to be split into four payments over a six-week period.

> While the service is being promoted as ‘interest-free’, some were quick to point out that all transactions are subject to a “$4 flat fee”.

$4 in fees on $1000 over 6 weeks is an effective APR of around 4% - pretty good. $4 in fees on $35 over 6 weeks is an outrageous APR of around 123%. I'm guessing Zip is hoping most people are closer to the latter than the former. I wonder what kind of cut Microsoft is getting.

[1] https://www.calculator.net/apr-calculator.html?cloanamount=3...

Re: Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

#16
post #12

Slightly related but windows 11 is such a bad version that I'm going back to windows 10. The hotch potch of the old menus and the new menus are bizarre to say the least.

My favorite new features of Windows 11 are the fact that my wireless adapter suddenly sucks and that it now takes me two clicks to get the full right click menu.

> that it now takes me two clicks to get the full right click menu.

...What? What did they do, put all the useful stuff in a submenu?

Re: Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

#17
post #8

Microsoft finally made a browser which renders websites as expected, is up-to-date regarding security and features, and (most) people actually don't have the need to replace it with anything else. I will never understand why they NEED to ruin this. It's baffling.

It is a for profit company, the reason is always profit.

But their thinking is flawed. The reason is of course profit, but the result will not be profit.

Re: Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

#18
post #8

Earlier quoted context omitted.

It is a for profit company, the reason is always profit.

I'm honestly not sure how much profit a 2 trillion dollar company is supposed to generate from an interest free pay later browser bloatware feature Even if you're Scrooge McDuck that sounds not worth it

The winning play for them is to make genuinely the best browser, gain market share, and then start their shenanigans. Like Google did

Re: Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

#19
post #12

Earlier quoted context omitted.

My favorite new features of Windows 11 are the fact that my wireless adapter suddenly sucks and that it now takes me two clicks to get the full right click menu.

> that it now takes me two clicks to get the full right click menu. ...What? What did they do, put all the useful stuff in a submenu?

That's exactly what they did: https://www.pcgamer.com/windows-11-context-menu-fix-right-cl...

It's astounding that they would do this now, when monitor resolutions higher than 1080p are becoming increasingly common, rather than back in the Windows 98 800x600 CRT era.

Re: Microsoft pushes ahead with controversial ‘buy now, pay later’ feature for Edge

#20

> It allows any purchase between $35 and $1,000 made through Microsoft Edge to be split into four payments over a six-week period. > While the service is being promoted as ‘interest-free’, some were quick to point out that all transactions are subject to a “$4 flat fee”. $4 in fees on $1000 over 6 weeks is an effective APR of around 4% - pretty good. $4 in fees on $35 over 6 weeks is an outrageous APR of around 123%.…

Damn, even the Payday Loan and Rent-to-Own guys are taking notes.
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