"anz"revenue may surprise, remember last year Q3 revenue was...

"anz"revenue may surprise, remember last year Q3 revenue was higher than Q2 (even with less ttv) as predicted, this was due to increase in fees to customers, and surprise surprise zippay/plus anz did it again by adding interest to balance over 1500 (from mid december) . not as predictable q3 this year as last, as we have no idea how many took up zip pay plus. but imo it will be a significant contribution. remember ttv gives a better usage outlook for short term future, but if receivables stay high regardless of ttv being down then revenue will be up when fees go up.

note its a 2 sided coin, ttv down and receivables higher indicates customers struggling to pay back. but hey zip will keep on collecting monthy fees and interest. (sounds like a CC right?)

on the other side USA revenue and ttv are more closely related, fees come from each purchases rather than monthly account fees and interest. so useage of physical card and increase of customers is important (hopefully for zip holders the higher fees isnt pusing customers elsewhere for a better deal)