Square Sellers in Canada Can Now Offer Buy Now, Pay Later Through Afterpay
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: Business Wire
TORONTO--(BUSINESS WIRE)--Today, Square launches its first integration with Afterpay in Canada, providing “Buy Now, Pay Later” (BNPL) functionality to sellers using Square’s e-commerce products across the country. The integration will enable Square sellers in Canada to offer Afterpay’s BNPL experience to their customers, helping them attract new shoppers and drive incremental revenue.“We’ve been using Square Online since we launched, and it’s been fantastic. We’ve also seen that BNPL options typically lead to sales increasing 20 to 30 per cent, so when we learned that we could now offer Afterpay, we were eager to implement it,” said Susan Pond, owner of Fab Finds Online, an e-commerce patio furniture and home goods marketplace headquartered in Vaughan, Ontario. “Sometimes people are looking at high-ticket items, which they can afford, but would simply prefer to pay in manageable instalments to avoid any expensive fees and credit card interest. Afterpay allows people to break their
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