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Ann: IOU Provides Mid December Quarterly Update on BNPL Business, page-87

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  1. 25 Posts.
    I know right, I don't quite get it either. Only thing I can think of is its either merchant/transaction value dependant. Or it potentially relates to the fact it has always been eg. a flat 10% but the competitions and giveaways earlier on ate into the initial launch margin?

    It is super high though!
 
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