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Citi says buy now, pay later not a ‘fad’ as it joins the stampede
- readflaggedcomm 5y agoNever heard of any of this, but $1000 credit lines and 4% merchant fees? Are regular credit card offerings in Australia that poor? I guess the trick is the flat fee, to call it an interest-free instrument, but that advantage doesn't seem worth it.
- Khaine 5y agoBuy Now Pay Later is big with millennials in Australia. AfterPay is the market leader. They were just purchased by Square. See https://www.auspaynet.com.au/insights/blog/BNPL2021 https://www.auspaynet.com.au/insights/blog/BNPL2021