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Tuesday, 13 July 2021

Afterpay and Zip Co shares dive after PayPal launches buy now, pay later product

PayPal will offer Pay in 4, which allows PayPal users to pay for purchases in four instalments and has no late fees

Buy now, pay later operators Afterpay and Zip Co are facing increased competition after global online payments group PayPal muscled into the Australian market with a product that has no late fees.

PayPal will offer Pay in 4, which allows PayPal users to pay for purchases in four instalments.

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from The Guardian https://ift.tt/3wxXmow

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