Despite the sharemarket bloodbath, buy now, pay later is here to stay - Sydney Morning Herald

For all the woes facing the BNPL sector, even the most sceptical analysts believe the “pay in four” method made famous by Afterpay is here to stay.

Shares in Zip have plunged 93 per cent in the past year, while Afterpays owner, US fintech giant Block, has plunged more than 70 per cent. Competition from banks and tech giants is one reason why BN… [+3783 chars]

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