CCP credit corp group limited

Ann: CEO AGM Presentation, page-8

  1. 7,861 Posts.
    lightbulb Created with Sketch. 2485
    Ok so Wizpay saying 2% merchant fees and $5 late fees max per month. APT is at about 4% and the industry might not be far away from the surcharging becoming a reality. Although the RBA doesn't have the power to do that at this stage.

    So yes, looks like CCP going into market at much lower cost. This appears to be a sinilar strategy as WalletWizard as you say, perhaps anticipating future regulation and establishing the product at a more sustainable cost to the merchant and consumer.

    $500 intial shopping limit and no credit checks, just a pre authorisation on your account to ensure the first instalment is available. Up to $1000 limit, however credit check performed with any increases to limit. I am not sure in that context how CCP will have a higher quality book to justify coming at half the price of APT, which also does not credit checks and mostly in that smaller purchase realm.
    Last edited by JoeGambler: 05/11/21
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$15.46
Change
0.370(2.45%)
Mkt cap ! $1.050B
Open High Low Value Volume
$15.20 $15.50 $15.18 $301.3K 19.59K

Buyers (Bids)

No. Vol. Price($)
9 240 $15.45
 

Sellers (Offers)

Price($) Vol. No.
$15.47 150 5
View Market Depth
Last trade - 11.01am 28/07/2025 (20 minute delay) ?
CCP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.