Could CCA MasterCard pose a threat to the BNPL segment in Australia .
AfterPay FY19 was a solid year for the BNPL business, global underlying sales rose 140% to $5.2 billion with a run-rate (at the time of reporting) in excess of $7.2 billion.Active customers were up 130% to 4.6 million (and had grown to 5.2 million by reporting date). Active merchant had grown 101% to 32,300 in FY19 (and had reached 35,300 when it reported).
Z1P now has a deal with Amazon customers
So can MasterCard come into Australia using the CCA system ? Anyone understand if it's useful for MasterCard to come to Australia to offer an extra financial product and take some of their $10 billion lunch away from APT & Z1P ?
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