Afterpay Limited (APT:ASX)
Afterpay Limited, formerly Afterpay Touch Group Limited, is Australia-based technology platform company. The Company is focused on applying its technology to provide a retail payments outfit that facilitates commerce between retail merchants and end customers, offering a buy now, receive now, pay later service. The Company operates in three business units: mobility and payments, health and government and retail services. The Company has developed bespoke solutions. These bespoke solutions and hardware comprises the touch system platform such as TouchPoint technology, e-Services platform and Mobility platform. The Company’s technology platform comprises two components: The transaction integrity engine and the Afterpay operating platform. At the core of the Afterpay System is its transaction integrity engine, which conducts end-customer fraud and repayment capability assessments in real-time, allowing Afterpay to make real-time.