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A representative said, “Microsoft isn’t providing financing nor taking a fee as the FAQ states. We’ve reached out to Microsoft for comment on the company’s relationship with Zip. According to the support page for Edge’s buy now, pay later (BNPL) tool, “Microsoft is not involved in providing the loan and does not collect a fee for connecting users to loan providers.” But that terse statement leaves a lot of options open for less direct monetization. For the time being it isn’t obvious exactly how, or if, Microsoft is benefitting from this feature in a monetary sense. Reactions among users at other places around the web, including forums, comment sections, and Reddit threads seem to echo this general sentiment.Ī common refrain on Microsoft’s post and others is accusations that the company is adding unnecessary features to Edge in the name of revenue. User-applied tags to the post include “dirty,” “embarrassment,” “exploitative,” “predatory,” “scam,” “bloat,” and “usury,” among others. It is not a feature I’m looking for in any browser,” says bppatton. “Please, please stop bloating the browser with these revenue grabs,” adds BioTurboNick, who claims to have created a comment account specifically to say so. “This sounds like an awful idea that will only be seen as a shameless cashgrab,” writes Cameron_Bush. The announcement post on Microsoft’s site has over 170 replies at the time of writing, almost universally negative. As an alternative to older rent-to-own or layaway setups, it can make sense for cash-strapped buyers, though those $1 fees are proportionally larger on smaller purchases.Įdge users made their displeasure known almost immediately. It competes with the likes of Klarna, Splitit, and various other installment options from more established companies like PayPal.
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Zip is one of a crop of new buy now, pay later services that break small- and medium-sized purchases into more manageable chunks, eschewing conventional interest payments for low flat fees ($1 per payment, $4 maximum). While most of these choices have been met with approval, the latest one is getting some scorn instead: a new built-in tool for the Zip financing service. The company is also looking to differentiate its official browser by loading it with helpful tools for online shoppers - a strategy that could prove lucrative as well. Microsoft has been working diligently to make Edge a more viable alternative to the likes of Firefox and Chrome, going so far as to completely rewrite it based on Chromium code.
