PayPal Australia takes on Afterpay with no-late fee on BNPL offering

PayPal Australia takes on Afterpay with no-late fee on BNPL offering

Photo: Reuters

PayPal Holdings Inc‘s new “buy now, pay later” offering in Australia will not charge late payment fees, the U.S. payments giant said on Wednesday, as it attempts to edge past main industry rival Afterpay in the country.

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