Predict the value SPT will be on October 1st 2022, page-152

maybe... well it's one view -- what happens to Apt, z1p etc once they have given the merchant the customers?

merchants aren't going to be content when they stop bringing new ones and/or BNPL start directing them where to spend/ who they recommend they go to.

merchants are a bit short sighted here in aus, because greed has served many well -- and have used up the traditional BNPL - bargaining them down for unsustainable fees which the BNPL has to then strip from the customer in the form of late repayments, just isn't sustainable in my view

i agree with your fact though that in Australia people are using those legacy BNPL over SPT.

Still i remain unconvinced it is any way sustainable and in peoples interest -- it's just easy and what consumers are use to.. when things toughen and the merchants don't see the easy win anymore of using up the BNPL the BNPL will go broke.. maybe some survive for the small fries in large numbers and selling consumer data and fees, but yeah most will go extinct.

SPT can potentially move into the Aussie market more then.. it really comes down to how much merchants care about their customers if they offer SPT. as you say 10 years and still attracting new investors - SPT not moved, but also hasn't gone broke and /or joined an unsustainable middle man service approach.