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I’ve actually been curious how this Klarna works out for the consumer and found this article very insightful. I would like to know the meaning of the title tho
by TheJoeMan 5y ago
I’ve actually been curious how this Klarna works out for the consumer and found this article very insightful.
I would like to know the meaning of the title though, what is “legibility” in this case?
- vageli 5y agoIn this case, I think it means to clarify the nature of the business and is a play on your exact sentiment. The article is providing legibility to buy now pay later businesses (like Klarna). Likely the word was chosen to match the initialism.
- mindslight 5y agoI took it in the Ribbonfarm sense (https://www.ribbonfarm.com/2010/07/26/a-big-little-idea-called-legibility/ https://www.ribbonfarm.com/2010/07/26/a-big-little-idea-call...), in that they're providing credit to people who weren't otherwise legible to the banking system.
- jstanley 5y agoIt's just an alternative sequence of words with the acronym "BNPL" which means "Here's how BNPL businesses work". "Legibility" means roughly "ease of understanding".