SPT 0.00% 7.5¢ splitit payments ltd

Ann: Quarterly Report (Appendix 4C), page-53

  1. 647 Posts.
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    Splitit is for people who have money and want to spread their credit card payment out without any interest. Say if you have an offset account you can keep money in there longer rather than paying a large amount for something straight up. It’s about managing money. Where as afterpay and zip are for people who don’t have all the money at the time of purchase so this take on the BNPL loan.

    the reason I say someone would buy them out is because there technology is very valuable for credit card companies to encourage people to use credit cards as well as take on BNPL companies.

    splitit is a growth stock whereas afterpay and zip are already established. You know what afterpay and zip have to offer and who uses it etc. splitit is still growing and expanding its technology. They just partnered with VISA and 3 directors just bought up on the market so they must be doing something right.

    also don’t forget splitit a technology with afterpay and zip are financial providers.
 
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