AFTPF - Belk Afterpay team up to offer online and in-store Buy Now Pay Later payments

Afterpay (OTCPK:AFTPF) and Belk department store has partnered to bring flexible spending to customers shopping online and in store locations. The partnership comes in the midst of the busy holiday shopping season giving shoppers the opportunity to pay for their gifts responsibly in four interest-free installments. Belk has already benefited from offering Afterpay seeing a 50% increase in average order values for those customers using Afterpay. The vast majority of Afterpay customers are the next generation Millennial and Gen Z consumer, who are expected to represent 50% of all spend in retail by 2030.

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Belk, Afterpay team up to offer online and in-store "Buy Now, Pay Later" payments