SPT 0.00% 7.5¢ splitit payments ltd

Watch This Space, page-3255

  1. 1,042 Posts.
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    the only thing that seems to have changed is some Aussie banks doing a new credit card issue with a limit of like $3K, with monthly fees.

    some people seem to be saying this is the end of SPT?..wt?

    my understanding is SPT has targeted existing visa and MasterCard current holders... chances are these people have allot more then $3K limits, they get points and benefits for using these cards and if you use SPT you get them all.

    merchant is near gaurneteed paid at lower cost then using other BNPL providers.

    I just can't see all these responsible existing visa and MasterCard credit holding people who spent their lives building good credit ratings suddenly cancelling their visa and master or asking some Aussie banks for a new BNPL credit card... is more likely it's just banks trying to win millennials back from the other BNPL new credit providers.

    or am I missing something?

    I think SPT just keeps getting incorrectly caught up with the other BNPL sentiment..

    the only negative news I've seen about SPT is one of the co founders selling part of their stock after making a statement to move on to other things for personal reasons --- didn't they sell it for like over $1.40?...

    This is a buying opt in my mind for a company in 2 to 3 years could be making massive profits with very little risks
 
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