Australia market is so small, the real reason of doing that cuz PayPal wants to beat Afterpay in itshome filed.

PayPal brings its 'buy now, pay later' offer to crowded Australia

SYDNEY, March 10 (Reuters) - PayPal Holdings Inc will launch its "buy now, pay later" (BNPL) option
PayPal brings its 'buy now, pay later' offer to crowded Australia

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