SPT 0.00% 7.5¢ splitit payments ltd

Ann: Q2 FY21 Quarterly Activities Report (App 4C), page-33

  1. 498 Posts.
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    Not really what i would have liked to see.
    clearly the implementation stage is more complex than initially estimated by management and hampered by elements out of their control, this happens all the time in business.
    Things not to like,
    Slow business uptake. Just look at the competition APT etc they are in the hundreds of thousands.
    Low customer numbers. Again the competition have vastly greater numbers.
    Things to like, management have recognized the cause of the slow growth and implemented strategies to address it.
    when i read that Apple Pay were entering the BNPL arena i felt it would have a negative impact on Splitit, now i know it does not,
    The report says,
    " in
    addition to driving more product innovation by integrating Apple Pay and Google Pay.”
    So Apple Pay and Google Pay are both integrated with Splitit, Knowing Apple they will take a big slice of the action but all the same the fact is these guys are big and that is where i think we need to be, in it with the best and biggest.
    I am going to watch the webinar and see if anything else is revealed.

 
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