Afterpay Touch Group Stock News

The Consumer Financial Protection Bureau on December 16 sought information from buy now, pay later (BNPL) companies regarding their compliance with federal lending laws and regulations, Bloomberg Law

Buy now, pay later (BNPL) platform Afterpay on Tuesday (Dec. 14) announced a collaboration with Dick's Sporting Goods that brings flexible payments to the chain's in-store and online channels.   Afte

As BNPL providers expand their offers to include pay now, later and much later, how consumers opt to pay will be invisible to the merchant. A consumer's bank account credentials are among the most pre

Investor sentiment for buy now, pay later is in, while credit cards are out.

Buy now pay later firm Afterpay Ltd said on Tuesday its $29 billion buyout by Block Inc, previously known as Square, got overwhelming support from shareholders, with 99.79% of the proxy votes cast in

When will Afterpay become Square? The post Afterpay (ASX:APT) shareholders will vote on the Square takeover next week. Here’s what you need to know appeared first on The Motley Fool Australia .

Australian shares ended lower on Friday, hit by energy and technology stocks, but posted their first weekly gain since early-November on easing concerns over the economic impact of the Omicron coronavirus variant. The S&P/ASX 200 index ended 0.4% lower at 7,353.50, but recorded a weekly gain of 1.6%. Energy stocks closed 1.5% lower on weaker oil prices, as traders locked in profits after a strong run this week. The sub-index, however, notched its first weekly gain since early-October. "Oil prices fell overnight with traders using the excuse of Omicron contagiousness, and China property defaults, to mark down growth expectations and take profits on tactical long positions built up," said Jeffrey Halley, senior market analyst - Asia Pacific, OANDA. Santos Ltd fell 2.1%, while Whitehaven Coal and Washington H Soul Pattinson and Company dropped 4% and 1.8%, respectively. Technology stocks ended lower, tracking overnight losses on Wall Street''s Nasdaq Composite. Buy now, pay later giant Afterpay settled 4.4% lower, while data centre operator NEXTDC skidded 2.1%.

The ASX followed the negative lead of US and European markets, with Afterpay and CSL proving major drags.

The ASX followed the negative lead of US and European markets, with Afterpay and CSL proving major drags.

The buy now, pay later space has delivered some outsized gains for early investors. The post Could this ASX share really be the next Afterpay (ASX:APT)? appeared first on The Motley Fool Australia .

Businesses currently absorb the four per cent fee on each purchase but are now calling for customers to be held responsible.

Australians who use pay now, pay later apps like Afterpay could end up paying higher fees as part of a government crackdown on digital financing.

Australian shares rose on Wednesday, led by mining and energy stocks on sharp rises in iron ore and oil prices, buoyed by hopes of limited disruption from the Omicron coronavirus variant. The S&P/ASX 200 index rose 0.65% to 7,361.4 by 2338 GMT, set for extending gains for a fourth straight session. The benchmark ended 0.95% higher on Tuesday. The gains also come a day after the central bank retained interest rates at 0.1%, keeping the economy flush with cash to allow a full economic recovery from the pandemic. Mining stocks rose as much as 2.2% to hit a two-month high, after a strong rally in benchmark iron ore futures. BHP, Rio Tinto and Fortescue all jumped between 2.5% and 3.5% each. Energy stocks advanced as much as 2.1% after oil prices surged more than 3% overnight, building on a nearly 5% rise the previous day as Omicron fears eased. Woodside Petroleum gained as much as 2.2%, after the country''s biggest independent oil and gas company said it would invest $5 billion in new energy products to curb its emmissions.

Melbourne-based payments company Zeller says it is on track to surpass Afterpays three-year merchant sign-up volume in just eight months, with demand for its next-generation Eftpos solution skyrocketing as Melbourne and Sydney businesses return to ­normal.

Last month was tough for the BNPL giant''s stock The post Why did the Afterpay (ASX:APT) share price go backwards in November? appeared first on The Motley Fool Australia .