There should be no time or resources expended - Splitit is simply selling a software function to pre authorise and manage a short term payment process linked to a credit card. The fee received by SPT is volume based with no input, so whether $10 or $100k there should theoretically be no difference other than records. In the BNPL space they are all excited about getting into fast food, booze and movie tickets - by comparison they do have costs of admin and they have to get it back before the little darlings have forgotten about last time and they are about to go and do it all again lol
SPT Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held
