It don’t think this is good, ZIP will have to check on ability to repay also and with interest rates where they are at a fair amount of customers will be maxed out already and ineligible. Previously anyone who wanted to use ZIP could, now it could reduce users. But I see the positives it may be worse for others in the industry.
Bad news for BNPL, page-4
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Last
$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5300 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 86880 | 4 |
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| ZIP (ASX) Chart |