@aneelmatt The big 4 have reduced their international footprint signifantly over the years. It's expensive to have a retail footprint outside of Australia. It's mostly institutional relationships now.
Initially I was surprised by CBA's move, however it seems like their solution is just providing customers an opportunity to split normal transactions made at the POS terminal over $100 into 4 payments. I don't think it really impacts APT or Z1P significantly as it'll mostly be at the terminal type of transactions. Probably has wider implications for Splitit more than anything IMO.
@aneelmatt The big 4 have reduced their international footprint...
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