News: APT PayPal Australia takes on Afterpay with no-late fee 'buy now, pay later' offer, page-8

Check the portfolio of banks mate….can afterpay or all the other BNPL pay off all the consumer debts if not where will the borrowers get the money to pay it off…BNPL till now is just a new way to shop and if they want to cover the debts provided by the banks they will have to enter the shoes of the banks in some way or the other.

Mind you I am not anti BNPL or anti APT, it’s just I feel that the vanilla pay in four only will not provide enough ammunition to keep the pace of the current growth