Yes, indeed. Although retirees don't get a wage, they get an income (usually) from their super pension, term deposit, etc which are spaced out in time intervals. If they use AfterPay they don't need to use their capital to pay amounts like $1,000 upfront and can use their income instead. Why should it only be for Millenials as it is certainly a good marketing tool. It also is done and dusted after six weeks beyond first payment, so easy to keep track of within one's head (plus the fact there is that friendly phone message, reminding you of what will be coming out of your account and when).
I think it is great.
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