I spend around $10 k with Zip merchants per year and the rest with non merchants…Merchant purchase earn at the min 4 percent and with affiliated merchants much higher….I earn $400 from merchant per year
Once all the customers (3 million only) start using Zip to these minimum levels the revenue for Aus will be $1.2 billion annually….Bad Debts even if it maintains at the current levels at $57 mill including provisions…how can the idiots think that the business is not profitable…lol
Imagine every country delivering at the same level
Daily Price Movement / General Discussion, page-44450
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