I haven't ignored any points, I just think the inherent costs are already there, so if you use it once or you use it 4 times in the same time frame, the costs each subsequent use would be lower due to the fact that there is already that base cost. Similar to economies of scale, or having a shopfront and paying for rent.
there's no dispute that 4% margin is better than 0.7%. But it's clear that merchant fee margins won't go on forever this high. Even Klarna has made that point. So zip is getting in first with changing their tactic and making the user experience higher.
to be honest, im not a huge retail shopper, and most of the BNPL is targeted at the clothing etc. I spend most on groceries and eating out, which most BNPL don't cater for. And this is what I've been using it on.
Z1P Price at posting:
$6.26 Sentiment: Hold Disclosure: Held
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