If the risk is merely referring to potential lost revenue from the monthly fees then all good, I'm okay with that!
I regularly use the Zip Pay product, but I have a low limit, so I'm often repaying it every couple days.
I assumed that using Zip Pay in this way would still be providing Zip with revenue (e.g. maybe a cut from the transaction, or payment from the merchant etc).
So assuming there are customers like me that regularly pay off the debt and then keep using Zip, the loan book would simply be recycled more quickly for those types of customers which I think would still benefit Zip.
If I'm mistaken, please let me know!
$3 SOON, page-769
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