Blessing in disguise maybe...
Word on the street is merchants might be begging for BNPL services to bring in more $$$ so they are willing to give higher merchant fees.
Could be good for Zippy.
The day Italy went into lockdown, numbers skyrocketed for my investment over there.
Also talks about less spending in-store isn't true YET (from what I've seen). I've got figures from Coles and Woolworths Store managers and they've had a 70% increase to normal spending. Stores that would do 750k-1mil a week are now doing close to 1.5-2mil.
Seems very counter-intuitive "Stay inside" But all I've seen is people being outside to prepare to stay inside??
Ann: Response to the Coronavirus, page-119
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