
How Do Buy Now, Pay Later Companies Make Money? Klarna vs Affirm
Buy now, pay later companies make money from merchant fees and interest. Klarna and Affirm's latest filings show two very different models.
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Buy now, pay later companies make money from merchant fees and interest. Klarna and Affirm's latest filings show two very different models.

Stablecoins make money from the interest on their reserves. See how issuers earn it, who gets a share, and why US and EU rules ban paying you interest.

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UPI charges above ₹2,000 start 15 October 2026: 0.4% UPI MDR, capped at ₹300, plus 18% GST on the fee. Rates, exemptions and a checklist.
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