October 24, 2021

Afterpay lets you buy now and pay later. Square just bought it for $29 billion

A customer inserts a credit card into Square Inc. device while making a payment in San Francisco, California, U.S., on Tuesday, March 27, 2018. The mobile payment market is anticipated to grow reaching a market value of $4,574 billion by 2023, according to data provided by Allied Market Research (AMR). The growth projections are attributed to an increasing demand for hassle-free purchase of goods and services, as well as an increased preference of consumers toward digital and cashless payments. Photographer: David Paul Morris/Bloomberg

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