Afterpay Introduces Apple Pay | ASX Market Update

  • Jul 15, 2020 AEST
  • Team Kalkine

The Organization of Petroleum Exporting Countries (or OPEC) anticipates the global oil demand to soar by a record 7 million barrels per day in 2021 amid recovery on the global economic front. However, OPEC suggested that the demand would remain below the pre-crisis level seen in 2019. In its monthly report, OPEC mentioned that the organisation does not see any further downside risks materialised in 2021.

Three more Victorians have died of coronavirus in the past 24-hours, while the state recorded 238 new infections today. A woman in her 90s is the most recent person to die from the infection. There have been 4448 cases across the state so far. Twenty-nine new cases are linked to contained outbreaks and 209 are under investigation, Premier Daniel Andrews said on Wednesday. A total of 105 Victorians are in hospital, with 27 in intensive care. The public housing cluster has seen at least 242 cases. A woman and man, both aged in their 80s, died in hospital yesterday - the state’s death toll is at 27. Victoria recorded 270 new cases of coronavirus on Tuesday.

BNPL leader, Afterpay Limited (ASX:APT) revealed that its customers can now use Apple Pay to make purchases through Afterpay in physical retail stores and online. Customers could start a purchase by tapping the card icon in the Afterpay app, that activates Afterpay card in Apple Wallet. Like using Afterpay online, the US customers shall be able to pay simply and securely for their in-store purchases in 4-installments, with no need to take out a traditional loan or pay upfront fees or interest. Post announcement, APT quoted at A$69.620 climbed by 4.613% at AEST 12:23 PM.

#ASX #APT #BNPL #Kalkine


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