Feb 25, 2018 Last Updated 10:02 AM, Feb 23, 2018

New Entry From the Editor :

Australia slips to second place in mining investment attractiveness ratings

Australia slips to second plac…

AusBN - Australia has fallen to second place in the Fraser Institute’...

Wesfarmers reports 87% H1 profit plunge on business write-downs

Wesfarmers reports 87% H1 prof…

AusBN - Wesfarmers (ASX:WES) has reported an 86.6% nose-dive in its H1 net ...

Australian female labour force participation reaches record high

Australian female labour force…

AusBN - Australia’s female labour force participation rate reached a ...

Australian airline Jetstar partners with Afterpay allowing customers flexible payment options

passenger plane takeoffAusBNAusBN - Low-cost Australian airline Jetstar Airways will allow customers to pay for flights in instalments after signing up to payment platform Afterpay, becoming the first national airline to offer the service.

Jetstar customers utilising Afterpay can pay for tickets in fortnightly instalments across domestic journeys priced between AUS$200-$1000, booked at least eight weeks in advance.

The payment service could also soon be extended to international flights, according to Jetstar Group chief executive Jayne Hrdlicka. “Partnering with Afterpay gives our customers the option to lock in low fares at today’s prices and pay over time, even during our sales,” she said.

Afterpay was founded in 2014 and has since made significant progress in the emerging fintech industry. Co-founder Nick Molnar said the partnership with Jetstar is targeting the millennial consumer.

“There has been a clear shift in millennials’ share-of-wallet towards the services industry and more specifically travel,” said Molnar.

Shares in Afterpay Touch and Qantas, which owns Jetstar in Australia and New Zealand, both rose in the wake of the announcement.


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