Friday, 24 March, 2023

Square will pay $29 bn for digital payments platform Afterpay

<p>Square, the digital payment business founded by Twitter CEO Jack Dorsey and based in the US, has agreed to buy Afterpay for $29 bn. Afterpay is a company that specialises in the &quot;buy now, pay later&quot; strategy, which allows customers to make recurring payments at no extra charge. Square plans to integrate Afterpay&#39;s credit services into its existing Seller and Cash App components, allowing small businesses to take advantage of their services.</p>