Afterpay lets US consumers pay by instalments with their NFC mobile phone

Australia-based buy now, pay later specialist Afterpay is launching a service that lets US consumers make NFC payments in stores — and then pay for their purchases in four equal instalments. To use the service, consumers apply in advance for an Afterpay card that they can then add to their Apple Wallet to make payments with Apple Pay. The company is also adding support for Google Pay, chief product officer David Katz told PaymentsSource.