AFTPY - Block's Afterpay teams up with EyeBuyDirect to offer 'Buy Now Pay Later' payments

Afterpay (OTCPK:AFTPF) (OTCPK:AFTPY) on Tuesday partnered with EyeBuyDirect, an online retailer for prescription eyewear, to offer flexible spending options. Note Afterpay is a wholly owned subsidiary of Block (NYSE:SQ). Through the deal, EyeBuyDirect customers using Afterpay will be able to make purchases and pay for them in four interest-free installments, due every two weeks. "Consumers turn to Afterpay as a flexible way to pay for eyewear which is an essential everyday item," said Zahir Khoja, Afterpay's general manager of North America. In mid-December, the Consumer Financial Protection Bureau opened an inquiry into BNPL credit.

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Block's Afterpay teams up with EyeBuyDirect to offer 'Buy Now, Pay Later' payments