Afterpay
Afterpay is payment platform offered to best retailers and used by customers globally across Australia, US, Canada, the UK and EU, and New Zealand that is completely free for customers who pay on time - helping people spend responsibly without incurring interest, fees or extended debt.
See below for the Latest Afterpay News, Analysis, Profit Results, Share Price Information, and Commentary.
Buy now, pay later gains traction in Asia
Buy now, pay later gains traction in Asia
BNPL brand Afterpay served 20 million customers in Australia alone.
Chart of the Week: Buy Now Pay Later gains traction in Australia
Afterpay remains king, whilst new players seek to carve out their own space.
The Next Pedestal of the Payments War for Banks and FIs: Buy Now Pay Later
Buy Now Pay Later (BNPL) has seen remarkable growth in recent years and is on track to achieve a global market value of US$700b by 2023. This 90% compound annual growth rate (CAGR) reflects the growing penetration of this simple transactional instrument—consumers purchasing a product now with the agreement to pay for it later.
BNPL continues to gain traction with Square’s $29b acquisition of Afterpay
Afterpay accounts for 7.7% of Australia’s e-commerce market.
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