Square is offering buy now, pay later options from Afterpay to in-store customers.
In Brief:
It's added the feature to stores in the US and Australia.
Afterpay was first used by Square a few months ago for e-commerce.
Now, Square point of sale software can offer Afterpay both in-store and online.
What does this mean?
Shoppers will need a virtual Afterpay card in their mobile wallet which they can then use to pay at Square’s PoS. It's hoped the addition will drive sales for merchants while offering customers more payment options instore, just as they now expect online.