Posts tagged "pay later"

The Reserve Bank of Australia has substantively shifted its position on how banks and credit card schemes prioritise their products in mobile wallet Apple Pay.

NAB's new buy now, pay later endeavour will be rolled out in July and will offer a zero fees alternative to competitors in the market.

Apple's announcement isn't significant because it's the first potentially fatal competition to other BNPL companies. It is significant because of what it undeniably represents.

One expert says Afterpay has lost the first-mover advantage, and merchants might be thinking twice about what works best for them.

Afterpay earns its revenue by taking a clip of every dollar transacted through its platform, but does it consider the financial impact to the underlying retail partners?

'Buy now, pay later' platform Afterpay is facing scrutiny, but it insists its protocols ensure only those that can make repayments are able to use the platform.