No late fees as PayPal’s turf war with Afterpay begins
James EyersSenior Reporter
PayPal is switching on its “Pay in 4” instalment option for 9 million Australian customers on Wednesday as it takes on buy now, pay later market leader Afterpay on its home turf.
The US payments giant will do away with late payment fees altogether, declaring it “the right thing to do for customers” which it says are getting sick and tired of getting stung with extra costs by buy now, pay later apps.
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