I think we’re saying the same thing. That is, if the payment processing fees are not compressed, then there will be no impact to SMP. Visa/MasterCard and card issuers (ie banks) are the obvious losers with LCR and merchants/consumers the winner.
I used the wrong words previously around “surcharge caps” - I meant the regulation that came in few years ago to stop merchants from price gouging on the surcharge fee.
Ann: Half Year Result Investor Presentation, page-34
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Last
$1.24 |
Change
-0.020(1.59%) |
Mkt cap ! $300.2M | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.27 | $1.24 | $57.05K | 45.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 32175 | 1 |
View Market Depth
| Last trade - 15.50pm 14/06/2024 (20 minute delay) ? |
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Last
$1.25 |
Change
-0.020 ( 1.19 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.28 | $1.23 | 13099 | ||
| Last updated 15.43pm 14/06/2024 ? | |||||
| SMP (ASX) Chart |