Afterpay to switch on Apple Pay, Google Pay
Afterpay will pay a fee to Apple to allow its instalment payments to be made through the US tech giant's iPhone wallet, but the deal will reduce Afterpay's costs of rolling out to new merchants and help drive customer adoption.
Afterpay said on Wednesday it would turn on Apple Pay and Google Pay in select US retailers this month, while Australian customers would be able to use their phones to make tap-and-go instalment payments "in the coming months". Analysts said the deal would put further pressure on credit cards.
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