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7.5¢ splitit payments ltd

Ann: Splitit partners with Visa, page-44

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tc89

978 Posts.

103

02/03/20

18:00

Post #: 43264210
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Originally posted by svrn: ↑

the impact to credit companies is real. If you don’t know this then you don’t understand the BNPL industry very well.

According to a new report, buy now, pay later (BNPL) services such as Afterpay and Zip Pay are becoming more commonly accepted in Australia, while credit card usage is declining.According to the report “BNPL 2019: More Shoppers, More Players and More Options” from Power Retail, the percentage of Australian online shoppers using BNPL services has risen from over one quarter (27 per cent) to over one third (39 per cent).At the same time, use of PayPal as an online shopping payment method usage was found to have declined from 49 per cent to 38 per cent, and credit cards from 35 per cent to 29 per cent. The decline in credit card usage was thought to be related to the shrinking number of active credit cards in Australia; a trend that itself has been partially attributed to the rise in BNPL services.

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your an idiot or broke if you use the likes of afterpay. I bought another package of SPT at $0.39 I was holding out for an 80m market cap though to buy some more

SPT Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
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