A report by PayPal reveals that while young Australians are getting smarter in saving dollars, they are also overspending during sales season
Customers will be able to split eligible purchases from $50 to $1,500 over four equal, interest-free instalments.
Australian consumers are speeding up the retail industry’s transition into the digital world, embracing different technologies that allow them to spend without cash.
Consumers will spend more of their online dollars with UK retailers over the next month, PayPal says, as the local dollar continues to strengthen against the British pound.
mCommerce is moving towards maturity in Australia, according to PayPal figures released this week which show over 1,000 transactions are now being processed from mobile phones every hour.