ASX 200 dips, CBA launches BNPL, Fonterra reports on Wednesday 17 March 2021

The S&P/ASX 200 Index (ASX: XJO) fell by around 0.5% today to 6,795 points.

One of the main highlights of the ASX was one of the big banks announcing that it was going to get involved directly in a buy now, pay later offering.

Here are some of the biggest news pieces from the ASX today:

Commonwealth Bank of Australia (ASX: CBA) to launch buy now, pay later product

Australia’s biggest bank has announced that it’s launching a buy now, pay later offering which can be used anywhere that Mastercard is accepted. Eligible customers will start being able to use it from mid-2021. There will be no ongoing fees for customers and it won’t cost anything more than the standard merchant fees for merchants.

The big ASX 200 bank said that buy…