Will AfterPay support Crypto purchases?
The Square CEO and former Twitter CEO Jack Dorsey recently acquired AfterPay and outlined plans for them to support Bitcoin purchases. Specifically, Jack plans to merge AfterPay into his suite of Bitcoin services and companies that integrate with the blockchain like CashApp and Square.
This is an exciting prospect for the Crypto ecosystem given that AfterPay had a reported $10 billion in sales in their most recent reporting quarter.
How to buy Crypto or Bitcoin with AfterPay Alternative
The best way to buy Cryptocurrency with an AfterPay alternative that provides credit is with a VISA or Mastercard Credit Card. To do this in Australia, we would recommend a platform like eToro that offers fast and cheap AUD deposits via Credit Card to trade over 8,000 different assets.
You can get started in 4 simple steps below:
- Sign up to the eToro trading platform.
- Select the 'Deposit Funds' button on the bottom of your screen to deposit AUD via Credit Card (cannot use AfterPay)
- Once the AUD hits your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
- Input the AUD amount you want to invest and execute your trade.
AfterPay is a global leader in payment solutions. The company offers a range of services that allow consumers to pay for their purchases over time. The company has operations in the United States, Australia, and New Zealand. AfterPay was founded in 2014 by Nick Molnar and David Baker. The company is headquartered in Sydney, Australia.
AfterPay has been profitable since its inception and is backed by leading global investors. AfterPay allows consumers to pay for their purchases in four equal installments, due every two weeks. There are no interest or hidden fees associated with using AfterPay. The application is available at over 9,000 online stores.
The company has a default rate of less than 1%. The company has a customer satisfaction rating of 97%. AfterPay is an accredited business with the Better Business Bureau (BBB).