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Ann: Merchant Sales boom across Black Friday shopping week, page-28

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pgos2018

154 Posts.

48

04/12/20

12:06

Post #: 49345437
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Originally posted by pgos2018: ↑

Hopefully the merchant strategy is merely to create awareness as it's a long drawn out process that only provides incremental growth . SPT needs to be fully embraced by a card provider in order to gain real traction. The concept itself is better than APT etc as it doesn't require extra credit however they need to drive the revenue and not fall into the start-up" trap of spruking meaningless metrics like merchant sales value .

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I should clarify.... Merchant Sales value is relevant as its a leading indicator however what I really meant to communicate was the propensity for Start-ups to use the largest numbers which form part of the equation (ie: MSV) that are more peripheral than core to driving market value.

SPT Price at posting: $1.28 Sentiment: Buy Disclosure: Held
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