It's ok to have a narrow mind like yourself, and I'm still not sure of your agenda.... but I can assure you that there were lots of people saying exactly what you are at $4-7, business model won't work, ~4% isn't enough, people will sign up and never pay it back, bad debts will skyrocket, US people won't like the product, people will get into debt, this will never take off, it's the same as a credit card, merchants won't want to give up 4%, it's just lay buy.... I could go on.
Personally, I think they'll expand into personal loans as they do have a credit license that has never been required but they got it to be sure.
I think they'll extend proven customers limits upwards to $2k,$5k, $10k for larger ticket items which enters a whole new realm.
The fact that they've started PLAY and allowing 52 weeks of payments for holidays, who's to say they won't do similar for cars or larger items.
What if they do go into car regos, utility bills.
I know tradesmen that have Afterpay for electrical and plumbing works.
Hundreds of hairdressers are using it via Salonpay.
I think they'll certainly reach 100M active customers in relatively little time and so much money will flow through the business that they'll have a lot of leverage on whatever avenue they pursue.
Visa could produce anything out of the hat and could be enormous. I'm not going to take a guess at profit margins as I have no idea what a $10B or $100B company should be making. I guess in 5 -8 years they'll slow down expansion and focus on profits, no idea mate.
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