Daily Price Movement / General Discussion, page-30653

Let’s hope this the India entry is good distraction in the event that those US (web traffic and app download) numbers continue slowing, and the expenses continue increasing. Website traffic for quadpay nearly halved in August from the July numbers, but while the app downloads were minimally impacted, they were still down again for the 5th month in a row

India is a great land grab and will bring enormous uptake, however all eyes will remain heavily focussed on the US though, and even more so after the rebrand. The corresponding periods as well as QoQ being measured across all metrics.

The valuation story seems to be the main reason for fresh liquidity and broker consensus, although it is partly the rebrand and competition pressures which continue to keep insto and funds on the sidelines as they watch on cautiously.

I remain cautious on Klarna, Affirm and APT/Square stepping up further and continue to put some real pressure on zip, using the rebrand as good timing. Affirm , while already popular in the US, are going to get additional visibility once Amazon US roll out the trial.

as was stated earlier today, Twitter (Jack Dorsey) has already implemented a crypto payment/tipping capability in one of his businesses.

Jack (Square) has also already announced back in July that Square are already working on a crypto capability too - setting up a crypto / decentralised finance division.

Jack has already said he will implement crypto (Bitcoin) payments to the combined square and apt ecosystem

the good news for zip is that the sale doesn’t finalise until first quarter 2022, which gives zip time to get in first, presuming that apt don’t release said capabilities ahead of any finalised sale.

https://squareup.com/au/en/press/square-announces-plans-to-acquire-afterpay