Unlocking merchant growth with Afterpay
Just a few short years ago, the retail landscape underwent a massive transformation with the advent — and rapid adoption — of buy now, pay later (BNPL) services. But with so many new entrants looking to solidify their presence in the market, only the most valuable solutions have stood the test of time. Here’s how Afterpay continues to deliver true value to merchants.
Afterpay: No changes to Australian brand after reported US shake-up
Afterpay says it has no plans to shake up its Australian brand, despite reports its American operation will be merged with peer-to-peer payments platform Cash App, and payment experts flagging significant regulatory changes at home in 2024.
Australian B2B BNPL provider BizPay collapses into administration
Bizpay, the Australian fintech offering buy now, pay later services for business-to-business invoices, has fallen into voluntary administration.
Tattoo BNPL platform INKPAY collapses, claiming new credit regulations will cut too deep
INKPAY, a buy now, pay later platform dedicated to tattoos has collapsed into administration, after claiming the cost of new regulations which treat BNPL like a traditional credit product will be too much to bear.
Hell Pizza takes BNPL to new depths with ‘pay when you’re dead’ scheme
New Zealand pizza chain, Hell Pizza, is challenging Buy Now Pay Later with its own 'pay when you're dead' scheme.
BNPL products like Afterpay will now have similar regulation to credit cards
After years of scrutiny, BNPL products such as Afterpay will now be regulated under The Credits Act. Assistant Treasurer Stephen Jones announced the move on Monday.
Afterpay tweaks late fee rules as Australian lawmakers weigh up BNPL regulation
Locally-born buy now, pay (BNPL) later giant Afterpay has tweaked its late fee structure for purchases under $40, as lawmakers consider exposing the company and its competitors to enhanced consumer protections under Australia's credit regulation.
“Designed to deceive and confuse”: Afterpay parent company Block considers legal action over brutal shortselling report
Block, the American fintech giant which acquired Afterpay in a $39 billion deal, has "misled" investors on key business metrics and "embraced predatory offerings", according to a new report from infamous shortsellers Hindenburg Research.
Afterpay says credit checks may have a role to play in BNPL but remains critical of regulation
In a response to a Treasury consultation paper on buy now pay later regulation, Afterpay has said that credit checks may have a role to play. But in remains critical.
Research shows 30% of people often in financial difficulties use BNPL
BNPL’s popularity as a credit product is only surpassed by credit cards, used by 31% of young Australians in the past year.
As BNPL regulation looms, the finance sector will review its own self-regulatory framework
Drawn up with the help of industry participants like Afterpay, Zip, and Klarna, the Code of Practice is a set of opt-in rules designed to set minimum standards within the BNPL sector.
Pay day: What payment options should you offer your staff?
Offering your staff a real-time earned pay access option allows your business to contribute to your employees’ financial and psychological wellbeing.
