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Global giant PayPal takes on Afterpay with Australian BNPL play – Sydney Morning Herald

Global giant PayPal is set to take on Afterpay and Zip on their home turf, in a sign of the growing competition in the fast-growing buy now, pay later sector.

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Global giant PayPal is set to take on Afterpay and Zip on their home turf, in a sign of the growing competition in the fast-growing buy now, pay later sector.
PayPal will on Wednesday announce plans to offer a buy now, pay later (BNPL) service to its 9 million customers in Australia from June, after a global launch last year flagged its intention to get a piece of the booming sector.
The digital payments company, which has posted rapid growth in the United States BNPL market since launching last…

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