Afterpay - The story, page-23

Without going into too much details, my thoughts are that the smaller players will struggle with competitive pricing pressures in the future which is always why I stuck with Afterpay, the market leader. The bigger the player the greater the networking effect that makes the business so great.

Having said that, I do see potential in the smaller players, but more through mergers and acquisitions rather than trying to take the fight to the big players. I don't see CBA as a big player, but more the PayPals and Apples of this world.