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Square to buy Australia s Afterpay for $29b as buy now, pay later booms

Square to buy Australia s Afterpay for $29b as buy now, pay later booms
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

United statesJack dorseySquare incAustralia afterpay ltdAfterpay ltdCash appஒன்றுபட்டது மாநிலங்களில்பலா டோர்ஸிசதுரம் இன்க்பணம் செயலி

Digital payment platform Square to buy Afterpay for $29bn

Digital payment platform Square to buy Afterpay for $29bn
timesofmalta.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofmalta.com Daily Mail and Mail on Sunday newspapers.

United statesUnited kingdomJack dorseyNick molnaAnthony eisenAlyssa henryAustralia afterpay ltdAfterpay ltdCash appஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்பலா டோர்ஸிஅந்தோணி ேசென்அலிஸா ஹென்றிபணம் செயலி

Britain to regulate buy-now pay-later credit after surge during lockdown

Britain to regulate buy-now pay-later credit after lockdown surge

Britain will introduce rules for buy-now pay-later (BNPL) credit after the unregulated market spiked as consumers struggled during coronavirus pandemic lockdowns, the UK's finance ministry said on Tuesday.

New south walesUnited kingdomCity ofHuw jonesJohn glenDavid evansByron kayeChristopher woolardGerry doyleThomson reuters trust principlesStepchange debt charityInvestments commissionFinancial conduct authorityAustralia afterpay ltdAfterpay ltdAustralian securities

Some Banks Want to Consign Credit-Card Interest to History

Updated Jan. 11, 2021 4:49 pm ET SYDNEY Interest charges have been one of the defining features of credit cards for decades and so when an employee at a big Australian bank suggested getting rid of them, he was taking a risk. “He said, ‘Well, what about a no-interest credit card?’ ” said Rachel Slade, personal banking group executive at National Australia Bank Ltd. , recalling a feedback session at one of the lender’s Melbourne offices. “And everyone’s like, ‘What? That’s not how a credit card works.’ ” Worried about dwindling credit-card usage during the coronavirus pandemic and the rapid rise of startups like Australia’s Afterpay Ltd. and Sweden’s Klarna Bank AB that allow consumers to pay for goods in installments, some banks are rethinking what has been one of their most lucrative businesses.

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