Visa and Mastercard don't issue credit, there is no comparison to ZIP, which is subject to the whims and capacity of its customers to repay. No, they won't be killed by bad debt.
You say that ZIP allegedly has $340 mil in ' cash and liquidity' meaning cash at bank, restricted cash and capacity to borrow. And that is valued at $3.8 bil? Sit down. Anyway, I'm the one with the bias. Freaking evil
ZIP Price at posting:
$3.10 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)