SPT 0.00% 7.5¢ splitit payments ltd

Ann: Splitit Board Announces CEO Change, page-39

  1. 2,270 Posts.
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    People Come on....do you not get that Visa/MC are not or never were "using splitit BNPL product"

    They have developed a tool with splitit (VISA APIs) that VISA customers can use. They are available and still need acceptance. It was announced 10 months ago this was is completed and what it was.
    Implying anything about partnerships with Visa and MC and them using a Splitit BNPL product that did not eventuate is just incorrect IMO.
    Its there...its not used by Visa. Its provided by visa. It needs acceptance. But issuers currently do not want it or know about it. It may not be beneficial to them yet.
    Key words from below screenshot...."card issuers", "enrolled"
    https://hotcopper.com.au/data/attachments/3531/3531139-2527f7aecaa2eb9a6f792716971ed40e.jpg
    The new CEO will concentrate on Merchants and continues to scratch his head when peanuts ask about Visa/MC.
 
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