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PayPal BNPL and merchant platform launches in Australia – Banking Day

Afterpay’s share price could come under further pressure in the next week amid mounting industry speculation that global payments giant PayPal is preparing to launch…

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Afterpays share price could come under further pressure in the next week amid mounting industry speculation that global payments giant PayPal is preparing to launch a buy now pay later business in Australia.
Senior payments industry sources in Sydney and Melbourne told Banking Day on Tuesday that an official announcement regarding a local roll-out of PayPals North American Pay in 4 buy now pay later platform was imminent.
The sources said PayPal was likely to begin marketing its BNPL offer in the…

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