Refer to my earlier post on this view that Z1P is getting ahead of the "curve".
Z1P isn't reducing it's merchant fee... so this logic doesn't work. You could argue FXL "is getting ahead of the curve" because they have reduced their merchant fees but this would be grossly simplifying of what actually happened at FXL. FXL was forced to lower their fees because they couldn't compete with the bigger players like Z1P and APT. But technically FXL holders could argue the same point that you're trying to make... Z1P/FXL "getting ahead of the curve". This is perfect example of someone trying to spin a negative into a positive.
I also don't agree that Z1P's (and other BNPL) margins of 4% will reduce in the future. This conversation fired up more and more when PayPal entered with 2.9% fees, but since PayPal doesn't produce the millions of lead referrals as some of their peers, PayPal simply cannot charge the same fees as Z1P/APT.
APT provided a perfect example of the benefit merchants get by using services like APT in their AGM presentation but the same applies to Z1P which also provides an extremely attractive amount of lead referrals at NO extra cost to merchants. In my view there is enough benefit and differentiation from PayPal that justifies the extra fees. But that's just my opinion, maybe I'm a little more optimistic on merchant fees than many other holders.
Z1P Price at posting:
$6.29 Sentiment: Hold Disclosure: Held
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