The only way forward is to try to 'capture' the customer as APT is selling a commoditised product. APT does appear to be going down that road with the banking 'suoer app' angle. I know you think WBC is just luring fintechs in to disintermediate them, but I do think there is a shot for APT to keep people on its platform with features. I don't think upto 15 bank accounts (LOL) for savings buckets is enough, remains to be seen what other features they can bring. I am still convinced merchants will be allowed to surcharge longer term, othed than extra competition I think that is a big threat. That sting of a few dollars at checkout will dent the industry.
