buy now pain latter, page-30

Banks have already started offering service similar to BNPL. CBA is already providing facility to pay in 4 instalment using credit card. However, I don't think banks necessary needs to END the BNPL industry. Because banks still makes money through warehouse facility. So, they are not very motivated to do so. Plus you have to consider how 'Tap & Zip' helps generate money for EFPOS and VISA too. So, I think it is win-win for all.

As for your second argument, it is similar to established car manufacturers could easily launch EV and people said that would be end of Tesla. But they didn't. Some tried with chevy spark or Nissan Leaf. But Tesla is still Tesla and proved it's worth. Now all analysts say the same thing about EV being the future of transportation, which you will find a 180 degree turn from their position few years ago.

So, I am saying situation changes all the time. If you don't believe it is a good company and don't hold any stake in this company, why come to this forum to post? Why waste precious time of your life to do a charity that nobody asked for?