Afterpay will bring its in-store offering to the US this month - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Afterpay's in-store solution has been popular elsewhere — and bringing it to the US could keep the brand competitive in the market

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

This story was delivered to Insider Intelligence Payments & Commerce Briefing subscribers earlier this morning. The buy now, pay later provider will bring its in-store offering, which is already live in Australia and New Zealand, to the US this month, per a release sent to Insider Intelligence.Customers can use Afterpay's app to sign up for a virtual card, which will be credentialed into Apple Pay or Google Pay for future usage. The payment process will be the same as for e-commerce: Users will pay in four interest-free installments.

Adding in-store payments could help the brand drive US customer loyalty by tightening relationships with users and giving them more opportunities to pay. Afterpay's in-store solution has been popular elsewhere — and launching the tech in the US could keep the brand competitive in the market. In-store in Australia and New Zealand alone already represents 24% of total volume, and there has been ample demand for in-store expansion in the US, Afterpay in-store head Alex Fisher told Insider Intelligence.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Insider webinar with one-click checkout startup Fast - Business InsiderJoin us on Tuesday, July 14 at 1:30 p.m! BI reporter Shannen_Balogh will speak with Domm Holland, Fast's co-founder and CEO, and Jan Hammer, general partner at Index Ventures, about how to build a pitch deck and what it takes to win over investors.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider's best investing stories of the week ended July 14 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

COVID-19 to bring $1 trillion of new global corporate debt: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stores closing include Microsoft, GNC, and Nordstrom in 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. OUCH. How so sad !
Source: BusinessInsider - 🏆 729. / 51 Read more »

Report: $2 billion US research lab building online surveillance tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Hello sir you are under arrest we detected your rank farts through 17 separate iPhone wiretaps at the scene of the crime
Source: BusinessInsider - 🏆 729. / 51 Read more »