Gee wizz the BNPL
market is getting kinda crowded
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LINK
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PayPal has rolled out its own buy now, pay later feature to 9 million Australians, as big tech goes toe-to-toe with Afterpay
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[SIC] Part:With nine million Australian customers, the $474 billion payment giant dwarfs not only Afterpay, but the entire buy now, pay later niche, as it launches its own version of the popular split payment option.
`From Wednesday, PayPal customers will be able to 'Pay in 4', with no threat of late fees, placing enormous pressure on one of Afterpay's key revenue sources, worth more than $70 million a year to it.
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