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0 -0.0026577106073327 -0.00139938427092079 -0.00139938427092079 -0.00307864539602565 -0.00615729079205147 -0.00783655191715648 -0.0105233697173244
Stock impact report

Is Visa Scared of Afterpay? [The Motley Fool]

Visa Inc. (V) 
Last visa inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.visa.com
Company Research Source: The Motley Fool
Is Visa Scared of Afterpay? The payments business is being invaded from Down Under by a company that wants you to afterpay your big purchases. Afterpay ( OTC:AFTPF ) is a fascinating financial services firm from Australia. It has declared war on credit and credit cards because millennials don't like credit . Afterpay was founded by Nick Molnar, a millennial entrepreneur, who has focused on providing his generation tools to buy things. His solution? You afterpay it. (Yes, "afterpay" is a verb now.) Say you want to buy a $2,000 item. You take it to the cashier. If the retailer is set up with Afterpay and the software approves the transaction, you can opt to only pay $500 upfront. Afterpay pays the other $1,500. Now you owe Afterpay $1,500. You pay it back in three installments of $500, paid every two weeks. What's the interest on the loan? Zero -- although there will be a late fee if you are tardy with a payment. Not surprisingly, consumers love this arrangement . It gives them the fi Show less Read more
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