ASX 200 drops, Zip down, Afterpay soars on Wednesday 10 March 2021

The S&P/ASX 200 Index (ASX: XJO) fell by 0.8% to 6,714 points.

Here are some of the highlights from the ASX today:

Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P) have opposite performances

It was a differing performance for some of the largest ASX 200 buy now, pay later (BNPL) companies.

The Afterpay share price jumped 8.4%, but the Zip share price fell 3.8% today.

It was recently announced that PayPal will be launching its buy now, pay later offering for Aussies by early June 2021.

PayPal has over 9 million active accounts in Australia and will be ready for the end of financial year sales. Consumers will be able to access this using the standard PayPal button at the checkout. Merchants can also have a payment option on the…