News: APT PayPal Australia takes on Afterpay with no-late fee 'buy now, pay later' offer, page-53

@pastperformer , consumers are going to have yet another BNPL option to use, its not a good thing for APT. Apple can leverage it large Apple Pay user base. Sure APT has a shopping app, data and a large user base, however its core product is still just high interest lending paid indirectly. A good app and offering more services in one place is a competitive advantage, bit that can be replicated with enough money. If there are dozens of providers of this service, some with enourmous user bases and no additional fees to marchant, that is bad for APT's fees.