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19.5¢ openpay group ltd

And now there is the regulation to add to the list of BNPL...

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Charliebull

110 Posts.

25

24/05/23

17:11

Post #: 67943494
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Originally posted by Tekvest: ↑

Money lending appears to be the easiest business under the sun, particularly if you have the distribution and a popular product which avoids regulation. Borrowing funds, being repaid by your customers and the cost of administration are where most get into trouble and it has not changed throughout history. BNPL is doubly hard because of the limits to customer revenue and unwillingness of merchants to pay.

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And now there is the regulation to add to the list of BNPL woes!

I was never a fan after reading that book by the AFR guy Jonathan Shapiro in 2022. Luckily I got out at $4.16.

YES $4.16!!!

OPY Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
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