Afterpay is arguing against being regulated as a payment company - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

If merchants gain the ability to add surcharges for orders that use buy now, pay later products, it could damage one of the BNPL industry's core values

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

To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. These fees are reportedly a key revenue driver for Afterpay, which generally charges merchants between 3% and 6% of the purchase. Afterpay is currently able to prevent merchants from adding surcharges to account for its fees, something they may do for card networks' merchant fees.

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 SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Nike CEO describes how company responds to social issues, controversy - Business InsiderNike's new CEO John Donahoe explained the process behind brand-led campaigns like Nike's infamous Colin Kaepernick ad. Has racial inequality improved since the Kaepernick partnership? Take all the stands you want. I will stand too....just not in nike shoes. NikeBoycott Bagus statementnya. Apa yg bukan isu utama mereka ya gak ada hubungannya. Siiip.
Source: BusinessInsider - 🏆 729. / 51 Read more »

NH Republicans ask Independents to vote against Sanders in Dem primary - Business InsiderA Never-Trump Republican leader organized a campaign to call Independent New Hampshire voters in an attempt to persuade votes against Sanders in the Democratic primary Independent voters aren't dumbasses. SayNoToSocialismDumbass
Source: BusinessInsider - 🏆 729. / 51 Read more »

China slams 'witch hunt' against Huawei involvement in UK 5G networks - Business InsiderChina's ambassador to the UK says Conservative Party politicians opposing Huawei's involvement in Britain's 5G network are conducting a 'witch hunt.' Witch hunt is real don't buy any products that are made by huawei unless you need hand warmer.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The 4 best business credit cards for maximum cash back - Business InsiderChoose between cards that offer you bonus cash back on select expenses, or options that offer a flat rate of up to 2% back no matter what you buy.
Source: BusinessInsider - 🏆 729. / 51 Read more »