Afterpay and other alternative credit firms, which offer small instalment loans to shoppers and make money by charging merchants a commission, are riding the boom in online shopping that has been sparked by the coronavirus pandemic.
PayPal’s U.S. offering is a fee and interest-free loan for purchases between $30 and $600, repayable in four instalments over six weeks.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PayPal Enters Installment Loan Business Targeting Fintechs Affirm And AfterpayPoint of sale financing, the modern layaway that lets you pay for a new TV in installments, has been rising steeply in popularity over the past two years. Now PayPal is entering the market. This is the sheriff of Kenosha, Wisconsin. I'm wondering how many of your followers agree?
Source: Forbes - 🏆 394. / 53 Read more »
PayPal's Pay in 4 could increase its dominance in the BNPL market - 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 »
Asia Pacific stocks set to trade mixed; Australia's second quarter GDP data expectedAustralia's second quarter gross domestic product figures are set to be out at around 9:30 a.m. HK/SIN.
Source: CNBC - 🏆 12. / 72 Read more »
Asian stocks reach 29-month top, China services surprisingly strongAsian shares notched a 29-month high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory, while an upbeat reading on China's service sector augured well for continued recovery there. Les actions asiatiques ont atteint leur plus haut niveau en deux ans, Nikkei rebondit alors que Berkshire achète Bourse
Source: Reuters - 🏆 2. / 97 Read more »
GOLDMAN SACHS: 10 oil stocks investors should buy now, and one to avoid - 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 »