Today CBA has started to register people for its Buy now, pay later (BNPL) system. This will compete with other BNPL such as Zip, Afterpay and many others.

The advantage to the merchant and customers is that this BNPL has no fees for them and no extra commitments other than ordinary bank changes. More details here.

Once the four major banks enter this market and bed it down, I cannot see why we should continue to support the other BNPL.

Let me know your thoughts, please.