Correct. From the AFR:

Sting in the tail at Afterpay as shares fall sharply

There's time for one last twist at Afterpay before investors rule off their books to finish the financial year.

Afterpay shares dropped 15 per cent in less than two hours on Friday afternoon, as investors reacted to news global payments giant Visa was planning to encroach on its territory.

Visa announced it would ready to pilot a "a suite of Visa’s installment solutions" which could enable customers to opt to pay for transactions via instalments using a Visa card.

"With Visa’s installment solutions, Visa cardholders will have the option to divide their total purchase amount into smaller, equal payments over a defined time period on qualifying purchases, at the store and online or while traveling abroad," the statement said.

While some investors and analysts were trying to digest the news, others were quick to hit sell at Afterpay.

The stock dropped from $28.50 to $24.50 in less than two hours heading into the close, in what was a keen talking point on equities desks.