Visa threat puts Afterpay under pressure

By on
Visa threat puts Afterpay under pressure

Credit card giant plans to enter the market.

Australia's Afterpay Touch Group Ltd, an early adopter of buy-now-pay-later consumer lending, has come under heavy selling pressure for consecutive trading days after credit card giant Visa Inc unveiled plans to enter the market. Visa's plans to allow customers to pay by instalments marks a ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
afterpay finance software

Most Read Articles

CBA primes app for $10bn welfare payments clawback

CBA primes app for $10bn welfare payments clawback
Google slams Aussie threat to 'directly intervene' on Android defaults

Google slams Aussie threat to 'directly intervene' on Android defaults
NBN Co floats "up to" gigabit speeds for $80 a month

NBN Co floats "up to" gigabit speeds for $80 a month
Telstra blocks 2.9m scam calls in one month

Telstra blocks 2.9m scam calls in one month
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Is your AWS framework well-architected?
Is your AWS framework well-architected?
Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?
Follow these steps to prevent targeted attacks
Follow these steps to prevent targeted attacks
Your mobile devices may not be secure – learn how to fix that
Your mobile devices may not be secure – learn how to fix that

Events

Log In

Username / Email:
Password:
  |  Forgot your password?