Afterpay ads business is a 100M+ business and keep growing. Merchant fee shouldn't be 12%, should be less than 6%.
It is bit crap that we, aussies, don't get to used cashapp. You don't realise how strong the business is. And we haven't reached full potential yet. Most revenue is from interchange fee and instant payment. We haven't touched loan product yet.
source: i work for cashapp
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