Afterpay expands its 'buy now, pay later' service to pubs and restaurants across the country - so you can shout a meal or drink and pay for it later
- Australian Venue Co. became first hospitality venue to partner with Afterpay
- Hospitality group runs 160 pubs, restaurants including Bungalow 8 in Sydney
- Patrons now have the option to pay off their meals over four instalments
Pub-goers and diners will now be able to pay off their meals in four instalments after Afterpay was launched across several major hospitality venues.
Australian Venue Co. has become the first hospitality company to partner with the 'buy now, pay later' service.
The company runs 160 restaurants, pubs and bars across the country including Bungalow 8 in Sydney, College Lawn Hotel in Melbourne and Riverland in Brisbane.
Pub-goers and diners will now be able to pay off their meals in four instalments after Afterpay was launched across several major hospitality venues
Australian Venue Co. has become the first hospitality company to partner with the 'buy now, pay later' service (pictured, an Afterpay poster inside one of the venues)
Afterpay is currently available at the New South Wales venues and will launch across the rest of the states on November 15.
Australian Venue Co. managing director Paul Waterson said the program was already off to a promising start.
'It's only early days, it's only been a week, but already uptake has been very strong,' he said.
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'A lot of our patrons are millennials, they use Afterpay for budgeting purposes and they don't typically have credit cards.'
Mr Waterson said he was excited to become the first hospitality company to partner with Afterpay.
'We're not afraid to go first,' he said. 'As a group, we seek out other industry leaders who we can work with to innovate on behalf of our customers.'
'Our customers have been clear,' he said. 'We know what they want, and we're happy to offer them more flexibility, especially as they shift away from credit cards.'
Mr Waterson said he was excited to become the first hospitality company to partner with Afterpay
RateCity research director Sally Tindall has warned diners to be wary of overspending.
Afterpay collected almost $100million in late fees from diners last year alone.
'If you don't have enough money for a night out, think about going somewhere cheaper,' Ms Tindall told 9 News.
Daily Mail Australia contacted Australian Venue Co. for comment.
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