Afterpay to Offer Savings Accounts & Cash Flow Tools to Customers
October 20, 20208 min
Afterpay (ASX:APT), the leader in “Buy Now, Pay Later” payments, and Westpac have entered into a collaboration agreement to facilitate the introduction of Afterpay savings accounts and cash flow tools for customers in Australia. The new money management services, facilitated by Westpac’s new digital bank-as-a-service platform, will complement Afterpay’s existing business model by offering additional, customer-centric alternatives to traditional banking products. Available beginning in FY21, the new offerings will replicate the simplicity and transparency of the existing...
