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yeah I agree I think it's more marketing power than actual...

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Stonkstar

985 Posts.

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20/10/20

13:58

Post #: 48235889
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Originally posted by CrocDundeeCam: ↑

Good question, one that has been asked a few times already on here so not sure if it has been answered yet? I personally don't know the exact answer but I would presume there is a percentage (even if very small) coming back to them.

Having said that, ZIP and all other BNPL companies are only just starting out in their disruption of the traditional CC so focus is on customer/merchant acquisition and growth. I see this as far more incentive in the growth department; new customer sign ups and therefore additional usage of their platform with other partnered merchants rather than money making at the moment. That will come in time and this will no doubt be a contributing factor.

We really won't see how big of an effect this has for at least 12 months. We probably won't know if the additional customer/revenue growth is from adding this feature "officially" today is the reason in 12 month time either...

But I would think it's a safe bet that this tap and go facility is very good for the key points I pointed out above.

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yeah I agree I think it's more marketing power than actual revenue which is going to be far better in the long run

Z1P Price at posting: $7.24 Sentiment: Buy Disclosure: Held
1 Upvote

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(20min delay)
Last $1.17		Change -0.048(3.89%)		Mkt cap ! $1.288B

Open	High	Low	Value	Volume
$1.23	$1.25	$1.17	$14.54M	12.02M

Buyers (Bids)

No.	Vol.	Price($)
55	243630	$1.17

Sellers (Offers)

Price($)	Vol.	No.
$1.18	48775	17

View Market Depth

No.	Vol.	Price($)
51	252752	1.170
18	203795	1.165
20	241529	1.160
13	84225	1.155
20	519290	1.150

Price($)	Vol.	No.
1.175	88641	19
1.180	88969	17
1.185	148869	16
1.190	310382	18
1.195	134739	15

Last trade - 14.14pm 24/04/2024 (20 minute delay)


Last $1.17			Change -0.048 ( 3.10 %)
Open	High		Low	Volume
$1.23	$1.25		$1.17	3180700
Last updated 14.34pm 24/04/2024 ?

ZIP (ASX) Chart