Square has agreed to acquire Australian buy-now,sex videos kuwait pay-later service Afterpay in an all-stock deal worth around $29 billion, making it one of the biggest acquisitions in Australian history. People are already wondering whether Square will pay in four installments of $7.25 billion in shares.
The acquisition was announced in a joint press releaseon Sunday, with Square stating that it plans to integrate Afterpay into both Cash App and Seller. Cash Appallows customers to make payments and transfer money, while Selleris targeted toward retailers. Once Afterpay is integrated, Cash App users will be able to manage their Afterpay payments within the app, while merchants who use Seller will be able to offer Afterpay to customers.
"By combining with Square, [Afterpay] will further accelerate our growth in the U.S. and globally, offer access to a new category of in-person merchants, and provide a broader platform of new and valuable capabilities and services to our merchants and consumers," said Afterpay co-founders and CEOs Anthony Eisen and Nick Molnar. Afterpay currently has over 16.2 million customers internationally, and is used by nearly 100,000 retailers worldwide.
"Together, we can better connect our Cash App and Seller ecosystems to deliver even more compelling products and services for merchants and consumers," said Square founder and CEO Jack Dorsey.
SEE ALSO: Thanks to Reddit traders, Cash App is all the rage. What to know about this financial app.Afterpay's "buy now, pay later" service basically offers interest-free loans on purchases at the point of sale. Rather than paying the full price upfront, customers can instead choose to pay in four smaller installmentsstretched out over four two-week intervals. Fees kick in if you're late on a payment though, charging a minimum of $8 and a maximum of 25 percent of the item's purchase price.
It seems like a useful service on the face of it, particularly considering pandemic-driven retail therapy is working overtime to prop up our crumbling mental health right now. However services like Afterpay tend to be used for purchases we want rather than need, and are a very good way for people with money problems to get even further into debt.
It's currently anticipated that the transaction will be complete early next year, by which point pandemic depression purchases will hopefully be much less common.
Previous:Scent of Sulu
Blockchain Life 2024 in DubaiAnime Features ‘Whisper of the Heart’ and ‘The Cat Returns’ to Be ScreenedThree Teens Die in Bay Area Cybertruck CrashThank You, Mrs. SasakiHigh School Students Host Voter Registration DrivesMEXC Concludes Exclusive Supercar GiveawaySWAN: Introducing a Regulated Memecoin to the Crypto LandscapeUSC School of Gerontology to Present ‘Lifespan Through Kimono’Academy Museum to Screen Takeshi Kitano’s ‘Brother’Gate Ventures, Movement Labs, and Boon Ventures Launch Web3 Netflix's 'The Midnight Gospel' pulls the ripcord on reality: Review Everything coming to (and going from) HBO Now in May 2020 HBO Max: Is it free for HBO Go and HBO Now subscribers? LG's fancy new Velvet phone fully revealed in new video Netflix's 'Never Have I Ever' is irresistible, important, and funny as hell: Review Google Assistant is rolling out voice detection sensitivity controls Motorola aims to take on Samsung's Galaxy S20 Ultra with its Edge+ Everything coming to Amazon Prime Video in May 2020 'Hunger Games' franchise returns to theaters with prequel adaptation You can train this AI to draw a penis
0.2073s , 12376.953125 kb
Copyright © 2025 Powered by 【sex videos kuwait】Square will acquire buy,Feature Flash