If it's interest free, what's the difference?
I don't much care, I don't like borrowing money and ignore buy now/pay later stuff. It just looks scummy to me. But when they say they don't charge interest, I don't really see the harm β you're still paying, just over time.
My job offers a "buy now, pay later" service. You pay about 2.5x what the item costs, over 12 months, and they take it out of your paycheck. I've talked to people who bought their kids PlayStations and laptops, and they didn't mind paying $800 for a PS4 (which I think retailed for $350-400?) because they said they didn't miss the amount out of their check. I just shook my head. I understand people want to spoil their kids, I just think those services are predatory.
The only time I used it, aside from phones, was Xbox All Access. This service is no longer available, it was too good of a deal. For something like $900, you got an Xbox Series X and 24 months of GamePass Ultimate. The GPU value took the cost down to $480 for the $500 console, so you were actually saving money. There was no interest. During the time I had it, GamePass Ultimate doubled in price, but I was locked in, so I was saving even more money. Once I paid it off, they closed the credit account. Like I was gonna pay for GamePass anyway. So getting to pay my Xbox off over time was beneficial, and again, I saved $20 doing it. And I still have the Xbox. I'd rather it was a PS5, but Sony offered no such deal. So Sony missed out on a sale and subscription.