Paying to acquire retailers is common in the older BNPL market. Eg Latitude pays for Harvey Norman, JB HiFi/TGG. Flexigroup pays for Flight Centre.
The difference is, these customers are applying for the traditional credit card that comes with annual fees, high interest rates & hopefully customers spending on the credit card so they can interchange fees & interest.
At least this deal is not upfront cash
Ann: Zip Strikes Strategic Agreement with Amazon Australia, page-55
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Last
$2.86 |
Change
0.000(0.00%) |
Mkt cap ! $3.707B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.93 | $2.83 | $17.04M | 5.928M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 77230 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 140887 | 30 |
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| Last trade - 14.58pm 17/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |