Most people don't steal, and are not going to start just because...

Most people don't steal, and are not going to start just because they can.

When you start using afterpay you can't get a $1000 purchase in the beginning, it is something which is earned over time.

New customers must make the first 25% payment when they make the transaction, so APT is at most losing 75% of these fraudulent sales.

It's a pretty sure fire way to ruin your credit rating as well, and APT will sell your bad debt to an agency for recovery.

With the data they collect they can continue to improve their monitoring for fraud and losses. They have over 4 million transactions already and combined with analytics there's a lot of insights they can gain from this.

ZML IMO just don't have as good a product, are less customer centric, and don't have a fan base of 100K+ on Facebook. Once APT is more of a household name they'll be able to offer more products and enter in the space where ZML play (they already have a credit licence to do so).