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Substitute Visa for Afterpay and explain why visa and MasterCard...

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Christos12

3,781 Posts.

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17/03/18

13:31

Post #: 31827646
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Originally posted by Wizardwiegy ↑

How does any business increase profit??? By providing a better service or product. Reducing overheads and debts. Increasing prices. You do realise that basically every business on Afterpay would have sales of anywhere from 10%-70% in store multiple times a year. The idea of them handing over $10 for a $100 purchase is still minuscule considering the item most likely wouldn't have been purchased if Afterpay wasn't available. 10% is nothing mate. I'm no ramper, I'm a positive shareholder trying to figure out how this business will operate over time.

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Substitute Visa for Afterpay and explain why visa and MasterCard don't charge 10%

APT Price at posting: $7.32 Sentiment: Hold Disclosure: Held
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