Paylaterr Launches Innovative Platform for Responsible Buy Now, Pay Later for Bills
Paylaterr is a forward-thinking financial services platform that empowers consumers to handle short-term financial needs by spreading out bill payments, without the risks associated with traditional loans or credit cards. Unlike typical lenders, Paylaterr focuses on ethical, flexible BNPL for bills that come with no hidden fees and clear repayment terms.
This platform raises the bar in the BNPL space by prioritizing responsible use and financial wellness.
1. Transparent Payment Options
Users can split payments for utility bills, emergency expenses, or services into manageable parts, with complete clarity. There are no surprise fees, and all terms are disclosed upfront.
2. Personalized Plans
Using smart financial tech, Paylaterr creates custom BNPL plans based on each user's unique financial situation. This promotes realistic repayment schedules and avoids overextension.
3. Simple Application Process
With a fast, user-friendly interface, consumers can apply online and get decisions within minutes, perfect for busy users needing quick solutions.
4. Responsible BNPL Experience
Beyond just payment splitting, Paylaterr integrates educational tools and budgeting resources to help users build smarter financial habits.
The US has witnessed a surge in BNPL popularity, but also growing concerns about overspending and a lack of transparency. Paylaterr solves these challenges by ensuring: Users only take on payments they can manage.
Every repayment term is clear and simple.
Financial education is integrated into the platform.
By aligning convenience with responsibility, Paylaterr is promoting healthier financial decisions in American households.
Unlike typical BNPL companies that focus on retail shopping, Paylaterr is tailored for real-life needs like bills, rent, and emergency costs. Clarity: Easy-to-understand repayment plans.
Support: Friendly, US-based customer service.
Technology: AI-driven approvals for fairness and accuracy.
Wellness Tools: Budgeting and credit-building features included.
Whether you're paying off utilities, dealing with an unexpected charge, or planning a big expense, Paylaterr helps you move forward on your own schedule.
It's designed for the modern American who values both flexibility and financial control.
As the financial landscape evolves, platforms like Paylaterr are shaping the next generation of responsible, everyday-use BNPL tools. Rather than pushing debt, Paylaterr empowers people with flexibility, education, and trust.
Paylaterr's launch signals a major shift in how Buy Now, Pay Later should be used as a tool for managing real expenses, not encouraging impulse purchases.
For US consumers seeking a smarter, more ethical BNPL solution, Paylaterr is more than just an option; it's a better way to pay bills.
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Yahoo
27 minutes ago
- Yahoo
Trump tariffs live updates: Trump announces deal with Indonesia, EU releases list of counter-tariffs
President Trump announced his team struck a trade deal with Indonesia on Tuesday that will see goods from the country face a 19% tariff. The announcement comes after Trump unveiled a new batch of letters to over 20 trade partners outlining tariffs on goods imported from their countries beginning in August. The letters set new baseline tariff levels at 20% to 40% — except for a 50% levy on goods from Brazil in a move that waded into the country's domestic politics. Indonesian goods faced a 32% tariff rate on Aug. 1, according to the July 7 letter Trump sent to Indonesia's President Prabowo Subianto. Trump on Tuesday said US goods would face no import tax in Indonesia. Trump has also escalated tariff tensions with Canada, Mexico, and the European Union recently. Last week, Trump announced a 35% tariff on Canadian goods and followed that up with promises of 30% duties on Mexico and the EU. The EU has been preparing options for a trade deal, while also preparing an extensive list of counter-tariffs that would affect 72 billion euros ($84 billion USD) of American products should talks fail. "There will be a huge impact on trade,' the EU's chief negotiator said Monday. "It will be almost impossible to continue trading as we are used to in a transatlantic relationship." As markets focus on US talks, here is where things stand with other key partners: Vietnam: Trump said a deal with Vietnam will see the country's imports face a 20% tariff — lower than the 46% Trump had threatened in April. He also said Vietnamese goods would face a higher 40% tariff "on any transshipping" — when goods shipped from Vietnam originate from another country, like China. According to reports, Vietnam's leadership was caught off guard by Trump's announcement last week that it agreed to a 20% tariff and is now seeking to lower the rate. India: Trump's tariffs on Brazil have raised the stakes for India, another member of the BRICS coalition. Bloomberg reported that the countries are working toward a framework deal that could see US tariffs on goods from India drop below 20%. Russia: Trump threatened "secondary" tariffs on Russia of up to 100% as he attempts to pressure the country into negotiating an end to the war in Ukraine. Read more: What Trump's tariffs mean for the economy and your wallet Here are the latest updates as the policy reverberates around the world. President Trump on Tuesday unveiled more details of an emerging trade agreement with Indonesia, saying the country's goods would face a 19% tariff when imported into the US. US goods will see no tariff when exported to Indonesia, Trump said. More from Bloomberg: Read more here. Yahoo Finance's Rick Newman reports: Read more here. Here's a look at the US's trade relationship with Indonesia as we await further details about a deal. In 2024, the US's trade deficit with Indonesia increased by 5.4% ($923 million) to $17.9 billion. The total goods traded between the countries reached $38.3 billion that year, with the US exporting $10.2 billion in goods and importing $28.1 billion worth of products. According to OEC, Indonesia's largest export products to the US include palm oil, electrical machinery, and broadcasting equipment, and rubber products, as of 2023. The US exports petroleum products, soybeans, and aircraft to Indonesia. President Trump announced that the two countries had reached a deal, though he withheld details, on Tuesday, not long after leaders of Indonesia and the European Union met in Brussels over the weekend and struck their own agreement. The US has said it will impose 30% tariffs on the EU starting Aug. 1. President Trump's latest threat to impose secondary tariffs of up to 100% on Russia comes at a delicate time for trade talks with China and India, which are crucial to the Trump administration's economic and strategic goals. On Monday, Trump threatened to place a 100% tariff rate on Russia if it didn't make significant progress toward a peace deal with Ukraine in the next 50 days. He said the duties would be secondary, meaning they would penalize any nation that traded with Russia. Such tariffs would notably target China, in particular, as it's a major buyer of Russian oil. Bloomberg reports: Read more here. President Trump posted on Truth Social: Indonesia was facing 32% tariffs on exports to the US from Aug. 1. It was one of over 20 countries whose leaders Trump has sent letters to in the past week-plus, dictating the tariff rates their countries will face next month. The latest consumer inflation report showed inflation accelerating in June, a sign that tariffs are beginning to affect consumer price increases. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.7% on an annual basis in June, an uptick from May's 2.4% gain, driven by a reversal in falling gas prices. Economists had expected headline inflation to come in at 2.6%. On a monthly basis, prices rose 0.3% compared to May's 0.1% uptick, matching economists' estimates. "Core" inflation, which excludes volatile food and energy costs, came in a little better than expected with a 0.2% monthly increase, compared to the 0.3% rise expected. Core CPI rose 2.9% over the past year in June, in line with estimates. 'This is just the initial onset of these tariff increases, and we're going to see more over the summer," EY chief economist Gregory Daco told Yahoo Finance in response to the inflation print. "I expect a very muggy summer when it comes to inflation." Read more here. CNN reports: Read more here. The European Union has prepared a list of American goods that will be tariffed by the bloc should a mutually beneficial trade deal be reached by the Aug 1 deadline set by Trump last week. With just shy of 20% of US trade being done with the EU, there's a swath of industries that will be impacted by the tariffs should they come into effect. The full list of impacted products totals €72 billion ($84 billion USD). Bloomberg reports: Read more here. In recent weeks, President Trump postponed the tariff deal deadline to Aug. 1 and sent letters to the leaders of 25 countries informing them of new tariff rates. But one factor complicating negotiations in the days ahead is that each trade relationship faces its own set of complex issues. And while most issues center on particular industries or trade barriers, others don't seem to directly pertain to trade, as in the case of Brazil and Trump's opposition to its Supreme Court trial of former President Jair Bolsonaro. The chart below highlights the top issues for the US's top trading partners, which make up 85% of US trade. It also highlights the challenge of inking one-off deals with each partner, as was revealed the first time the Trump team boldly predicted 90 deals in 90 days. Talks with Canada, for instance, are likely to focus on oil and potash, whereas the Trump administration's dealings with Japanese officials are likely to center around automobiles and general market openness. Transshipping, when cargo is routed through a third country to avoid tariffs, has become a particularly tricky issue for many Southeast Asian countries, as companies look to circumvent tariffs on Chinese goods. The European Union on Monday warned of a "big gap" in trade talks after President Trump's threat of a 30% tariff on the bloc from Aug. 1. "We've been quite close in agreeing the text on the [trade] agreement in principle, but there have been clearly areas where we have quite a big gap between our two positions," said Maroš Šefčovič, the EU's lead trade negotiator, per The Financial Times. Trump's threat appears to have "confounded" the EU, with Šefčovič warning that it would make trade between the US and EU "almost impossible." For his part on Monday, Trump said he is open to more negotiations, including with the EU. But he also repeated a refrain that "the letters are the deals." The EU "would like to do a different kind of deal," he said. "We're always open to talk. We are open to talk, including to Europe. In fact, they're coming over. They'd like to talk." President Trump on Monday threatened to hit Russia with tariffs of up to 100% as he grows increasingly frustrated with the country and President Putin over the lack of progress toward ending the war in Ukraine. The tariffs Trump floated would be so-called secondary tariffs, which would theoretically apply to countries that trade with Russia on their imports to the US. Per the FT: Trump also confirmed plans to provide weapons to Ukraine, including Patriot missile systems that Ukraine has urged the US to send. US trade with Russia has plummeted amid the Ukraine war, with Russia now ranking out of the top 50 US partners on imports, according to 2024 US Census data. But Russia still trades with many countries in Europe and Asia — most notably China. Reebok founder Joe Foster weighed in on the realities of President Trump's tariffs that are pressuring Reebok and its rivals, such as Nike (NKE), Under Armour (UAA), and Skechers (SKX). Shifting sneaker manufacturing from China and Vietnam to the US would be 'virtually impossible overnight,' Foster said in a new episode of the Opening Bid Unfiltered podcast. 'It's not something you can just turn the switch on,' Foster said. 'You've got to go somewhere where you've got a lot of people who are quite willing to sit on a machine [and the] production line. That doesn't happen overnight. In fact, in the UK, we can't get people to do that. They won't do it.' Read more here. A courtroom showdown before the US Court of Appeals over President Trump's tariffs is coming a day before his steep baseline duties are scheduled to take effect. But the legal challenges from a group of small business importers and two toy manufacturers may not immediately derail Trump's tariff plans, Yahoo Finance's Alexis Keenan reports. Here's why: Read more here. Thailand is apparently weighing letting more US goods enter its country duty-free in an attempt to score trade concessions from the Trump administration. President Trump's letter to Thailand's leader pledged a 36% tariff beginning Aug. 1. Bloomberg reports: As the report notes, Thailand was the US's largest export destination in 2024. Read more here. Bloomberg reports: Read more here. Reuters reports: Read more here. Reuters reports: Read more here. Americans may not have to wait long to feel the effect of President Trump's threatened 30% tariff on imports from Mexico — whose farmers are a key supplier of foodstuffs. The AP reports: Read more here. German Chancellor Friedrich Merz said US President Donald Trump's threat of 30% tariffs would hit exporters in Europe's largest economy 'to the core,' if a negotiated solution in the trade conflict can't be found in the coming weeks. The European Union will extend the suspension of trade countermeasures against the US until Aug. 1 to allow for further talks after Trump threatened a new 30% tariff rate against the bloc over the weekend. If that were to happen, Germany's government may need to postpone parts of its economic policy efforts, Merz told ARD public broadcaster in an interview in Sunday. 'That would overshadow everything, and hit the German export industry to the core.' Read more here From the AP: Read more here. President Trump on Tuesday unveiled more details of an emerging trade agreement with Indonesia, saying the country's goods would face a 19% tariff when imported into the US. US goods will see no tariff when exported to Indonesia, Trump said. More from Bloomberg: Read more here. Yahoo Finance's Rick Newman reports: Read more here. Here's a look at the US's trade relationship with Indonesia as we await further details about a deal. In 2024, the US's trade deficit with Indonesia increased by 5.4% ($923 million) to $17.9 billion. The total goods traded between the countries reached $38.3 billion that year, with the US exporting $10.2 billion in goods and importing $28.1 billion worth of products. According to OEC, Indonesia's largest export products to the US include palm oil, electrical machinery, and broadcasting equipment, and rubber products, as of 2023. The US exports petroleum products, soybeans, and aircraft to Indonesia. President Trump announced that the two countries had reached a deal, though he withheld details, on Tuesday, not long after leaders of Indonesia and the European Union met in Brussels over the weekend and struck their own agreement. The US has said it will impose 30% tariffs on the EU starting Aug. 1. President Trump's latest threat to impose secondary tariffs of up to 100% on Russia comes at a delicate time for trade talks with China and India, which are crucial to the Trump administration's economic and strategic goals. On Monday, Trump threatened to place a 100% tariff rate on Russia if it didn't make significant progress toward a peace deal with Ukraine in the next 50 days. He said the duties would be secondary, meaning they would penalize any nation that traded with Russia. Such tariffs would notably target China, in particular, as it's a major buyer of Russian oil. Bloomberg reports: Read more here. President Trump posted on Truth Social: Indonesia was facing 32% tariffs on exports to the US from Aug. 1. It was one of over 20 countries whose leaders Trump has sent letters to in the past week-plus, dictating the tariff rates their countries will face next month. The latest consumer inflation report showed inflation accelerating in June, a sign that tariffs are beginning to affect consumer price increases. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.7% on an annual basis in June, an uptick from May's 2.4% gain, driven by a reversal in falling gas prices. Economists had expected headline inflation to come in at 2.6%. On a monthly basis, prices rose 0.3% compared to May's 0.1% uptick, matching economists' estimates. "Core" inflation, which excludes volatile food and energy costs, came in a little better than expected with a 0.2% monthly increase, compared to the 0.3% rise expected. Core CPI rose 2.9% over the past year in June, in line with estimates. 'This is just the initial onset of these tariff increases, and we're going to see more over the summer," EY chief economist Gregory Daco told Yahoo Finance in response to the inflation print. "I expect a very muggy summer when it comes to inflation." Read more here. CNN reports: Read more here. The European Union has prepared a list of American goods that will be tariffed by the bloc should a mutually beneficial trade deal be reached by the Aug 1 deadline set by Trump last week. With just shy of 20% of US trade being done with the EU, there's a swath of industries that will be impacted by the tariffs should they come into effect. The full list of impacted products totals €72 billion ($84 billion USD). Bloomberg reports: Read more here. In recent weeks, President Trump postponed the tariff deal deadline to Aug. 1 and sent letters to the leaders of 25 countries informing them of new tariff rates. But one factor complicating negotiations in the days ahead is that each trade relationship faces its own set of complex issues. And while most issues center on particular industries or trade barriers, others don't seem to directly pertain to trade, as in the case of Brazil and Trump's opposition to its Supreme Court trial of former President Jair Bolsonaro. The chart below highlights the top issues for the US's top trading partners, which make up 85% of US trade. It also highlights the challenge of inking one-off deals with each partner, as was revealed the first time the Trump team boldly predicted 90 deals in 90 days. Talks with Canada, for instance, are likely to focus on oil and potash, whereas the Trump administration's dealings with Japanese officials are likely to center around automobiles and general market openness. Transshipping, when cargo is routed through a third country to avoid tariffs, has become a particularly tricky issue for many Southeast Asian countries, as companies look to circumvent tariffs on Chinese goods. The European Union on Monday warned of a "big gap" in trade talks after President Trump's threat of a 30% tariff on the bloc from Aug. 1. "We've been quite close in agreeing the text on the [trade] agreement in principle, but there have been clearly areas where we have quite a big gap between our two positions," said Maroš Šefčovič, the EU's lead trade negotiator, per The Financial Times. Trump's threat appears to have "confounded" the EU, with Šefčovič warning that it would make trade between the US and EU "almost impossible." For his part on Monday, Trump said he is open to more negotiations, including with the EU. But he also repeated a refrain that "the letters are the deals." The EU "would like to do a different kind of deal," he said. "We're always open to talk. We are open to talk, including to Europe. In fact, they're coming over. They'd like to talk." President Trump on Monday threatened to hit Russia with tariffs of up to 100% as he grows increasingly frustrated with the country and President Putin over the lack of progress toward ending the war in Ukraine. The tariffs Trump floated would be so-called secondary tariffs, which would theoretically apply to countries that trade with Russia on their imports to the US. Per the FT: Trump also confirmed plans to provide weapons to Ukraine, including Patriot missile systems that Ukraine has urged the US to send. US trade with Russia has plummeted amid the Ukraine war, with Russia now ranking out of the top 50 US partners on imports, according to 2024 US Census data. But Russia still trades with many countries in Europe and Asia — most notably China. Reebok founder Joe Foster weighed in on the realities of President Trump's tariffs that are pressuring Reebok and its rivals, such as Nike (NKE), Under Armour (UAA), and Skechers (SKX). Shifting sneaker manufacturing from China and Vietnam to the US would be 'virtually impossible overnight,' Foster said in a new episode of the Opening Bid Unfiltered podcast. 'It's not something you can just turn the switch on,' Foster said. 'You've got to go somewhere where you've got a lot of people who are quite willing to sit on a machine [and the] production line. That doesn't happen overnight. In fact, in the UK, we can't get people to do that. They won't do it.' Read more here. A courtroom showdown before the US Court of Appeals over President Trump's tariffs is coming a day before his steep baseline duties are scheduled to take effect. But the legal challenges from a group of small business importers and two toy manufacturers may not immediately derail Trump's tariff plans, Yahoo Finance's Alexis Keenan reports. Here's why: Read more here. Thailand is apparently weighing letting more US goods enter its country duty-free in an attempt to score trade concessions from the Trump administration. President Trump's letter to Thailand's leader pledged a 36% tariff beginning Aug. 1. Bloomberg reports: As the report notes, Thailand was the US's largest export destination in 2024. Read more here. Bloomberg reports: Read more here. Reuters reports: Read more here. Reuters reports: Read more here. Americans may not have to wait long to feel the effect of President Trump's threatened 30% tariff on imports from Mexico — whose farmers are a key supplier of foodstuffs. The AP reports: Read more here. German Chancellor Friedrich Merz said US President Donald Trump's threat of 30% tariffs would hit exporters in Europe's largest economy 'to the core,' if a negotiated solution in the trade conflict can't be found in the coming weeks. The European Union will extend the suspension of trade countermeasures against the US until Aug. 1 to allow for further talks after Trump threatened a new 30% tariff rate against the bloc over the weekend. If that were to happen, Germany's government may need to postpone parts of its economic policy efforts, Merz told ARD public broadcaster in an interview in Sunday. 'That would overshadow everything, and hit the German export industry to the core.' Read more here From the AP: Read more here.
Yahoo
30 minutes ago
- Yahoo
Starmer and Trump to ‘refine' trade deal, says president
Donald Trump has said that he and Sir Keir Starmer will 'refine' the trade deal between the UK and the US in an expected meeting later this month. The US president told American reporters on Tuesday that the pair will have a meeting 'probably in Aberdeen' during his private visit to Scotland. A trade deal struck between the UK and the US earlier this year reduced tariffs on car and aerospace imports, but questions remain over whether steel imports into America will face 50% tariffs. There is a baseline tariff of 10% for most other imports. Mr Trump's July 9 deadline for when he said he would start implementing tariffs on trade partners has been and gone. Mr Trump said: 'We're going to be meeting with the British Prime Minister, very respectful, and we are going to have a meeting with him, probably in Aberdeen, and we're going to do a lot of different things. 'We're going to also refine the trade deal that we've made. So we'll be meeting mostly […] at probably one of my properties, or maybe not, depending on what happens, but we'll be in Aberdeen, in Scotland, meeting with the Prime Minister.' Ahead of his visit to the UK, Mr Trump described Britain as a 'great place' which is a 'true ally' of the US. Speaking about Sir Keir, he told the BBC: 'I really like the Prime Minister a lot, even though he's a liberal.' He also described Aberdeen as the 'oil capital' and said 'they should get rid of the windmills and bring back the oil'. The president's private visit comes ahead of a state visit that will follow between September 17 and 19. He will be hosted by the King and Queen at Windsor Castle and accompanied by his wife, Melania Trump. It will be Mr Trump's second state visit to the UK, having previously been hosted during his first term in 2019. Downing Street has previously said that Sir Keir's meeting with Mr Trump later this month 'will not be a formal bilateral'. There are also plans for Scottish First Minister John Swinney to meet with Mr Trump during his trip.
Bloomberg
30 minutes ago
- Bloomberg
China Chip Curb Revisions Could Preview More Rare Earths Trade
Anna Ashton, a former China analyst with the Defense Department, says the administration's reversal on sales of some semiconductors to China and other rollbacks of export controls may indicate an increase in willingness to deal in rare earth minerals between the US and China. (Source: Bloomberg)
