Afterpay is arguing against being regulated as a payment company - Business Insider

Singapore News News

Afterpay is arguing against being regulated as a payment company - Business Insider
Singapore Latest News,Singapore Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

If merchants gain the ability to add surcharges for orders that use buy now, pay later products, it could damage one of the BNPL industry's core values

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. These fees are reportedly a key revenue driver for Afterpay, which generally charges merchants between 3% and 6% of the purchase. Afterpay is currently able to prevent merchants from adding surcharges to account for its fees, something they may do for card networks' merchant fees.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nike CEO describes how company responds to social issues, controversy - Business InsiderNike CEO describes how company responds to social issues, controversy - Business InsiderNike's new CEO John Donahoe explained the process behind brand-led campaigns like Nike's infamous Colin Kaepernick ad.
Read more »

NH Republicans ask Independents to vote against Sanders in Dem primary - Business InsiderNH Republicans ask Independents to vote against Sanders in Dem primary - Business InsiderA Never-Trump Republican leader organized a campaign to call Independent New Hampshire voters in an attempt to persuade votes against Sanders in the Democratic primary
Read more »

China slams 'witch hunt' against Huawei involvement in UK 5G networks - Business InsiderChina slams 'witch hunt' against Huawei involvement in UK 5G networks - Business InsiderChina's ambassador to the UK says Conservative Party politicians opposing Huawei's involvement in Britain's 5G network are conducting a 'witch hunt.'
Read more »

The 4 best business credit cards for maximum cash back - Business InsiderThe 4 best business credit cards for maximum cash back - Business InsiderChoose between cards that offer you bonus cash back on select expenses, or options that offer a flat rate of up to 2% back no matter what you buy.
Read more »

Kumail Nanjiani's Dad Proudly Owns a Pair of Socks with the Actor's Shirtless Photo on Them'I am his dad,' the hilarious socks proudly proclaim
Read more »

Mickelson, one behind Taylor, close to record sixth Pebble Beach winMickelson, one behind Taylor, close to record sixth Pebble Beach winNick Taylor maintained the lead after the third round at the Pebble Beach Pro-Am...
Read more »



Render Time: 2025-03-13 17:42:37