Original article by Lachlan Moffet Gray
The Australian – Page: 19 : 17-Sep-21
Sixty per cent of Australians have used a buy now pay later (BNPL) platform, compared to 47 per cent of US or UK respondents. This is according to a survey by card issuing and payment solutions company Marqeta, with a third of survey respondents stating that they had started using BNPL platforms within the last 18 months. Marqeta country manager for Australia and New Zealand Duncan Currie says the high adoption of BNPL in Australia could in part be due to it being the home country of leading BNPL companies Zip and Afterpay.
CORPORATES
MARQETA, ZIP CO LIMITED – ASX Z1P, AFTERPAY LIMITED – ASX APT