Originally posted by Ollie3039Roughly 60% of ZIPs revenue is from merchant fees, which are cloaked in the transactions offered by merchants, forcing them to reduce their profit margins. They range between 2.5 and 6%, with smaller merchants, who are also more reliant on BNPL for sales bearing the brunt. BNPL providers have been trying to argue that merchant fees are 'marketing fees' but Credit Licence rules specifically cover the topic, so BNPL providers have been snookered.
ZIP Price at posting:
$2.91 Sentiment: None Disclosure: Not Held
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