Roadmap to develop YOZO Pay in 2021
Buy now pay later solution designed specifically for SMEs
• On demand lending allows customers to pay their invoices and bills on time
• YOZO Pay can be used to make purchases online and in store
• Loan repayments split into four instalments
• Simple, fast sign up, requiring only a personal guarantee, identification and credit card details
• Suppliers are paid the full amount immediately, at time of purchase
I presume by everything you're directing me to the above specific section? If not i've already covered my views on YOZO's existing SME lending products and my sentence on BNPL just refers to the potential YOZO pay product.
Is your point that because YOZO targets SME's they are going to somehow be a differentiated BNPL provider? As i've highlighted in their above release, the BNPL capability will still rely on a personal guarantee. So while you're "targeted" at SMEs the underlying credit situation is unchanged.
In short, there is nothing stopping a small business owner from opening an AFTERPAY account to make purchases for their business.
If you've got something of value to add with how YOZO Pay is a differentiated BNPL product from what exists in the market already im sure other posters and myself would appreciate your insights.
- Forums
- ASX - By Stock
- CI1
- Ann: CI1 Acquires Fintech YOZO Finance
Ann: CI1 Acquires Fintech YOZO Finance, page-55
-
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
New gold and silver soil anomalies uncovered at Black Range, strengthening exploration potential
LU7
The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour
Add CI1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.685M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CI1 (ASX) Chart |
Day chart unavailable
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online