"Pipeline Pete is out of touch. CASH STRAPPED in a COST-OF-LIVING CRISIS (yes crisis) should not be using BNPL to go on adventures. lol"
Peter didn't say that at all if you read the article correctly (but i do get what you're saying)
Zip Co-Founder and ANZ CEO, Peter Gray said:“Zip has a leading position in the travel space and we’re excited to make travel even more accessible to our customers through an extensive range of deals and savings as part of Click Frenzy Travel. We know Aussies love to travel and we’re here to support their travel adventures and dreams, through our fair, transparent and flexible payment options. Through Zip, customers can spread the cost of their bookings over time, giving them greater choice and control in how they plan and pay for their trip.”
The thing is this whole BS cost of living, is its affecting a lot more people than just a certain demographic, and there are lots of people with cash flow problems, people might be asset rich, but cash flow poor, (negative) which creates this illusion. To free up cash flow why wouldn't people use the bnpl over installments its a win win IMO people get to have the holiday and pay back in installments.
$2 PARTY, page-10342
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