Yeh, just like Crypto killed off FX and international payments haha... could be a mania... or not ... Ones things for sure, as you said, Visa and MC are as strong as ever
BNPL is just a flavour or a subset of consumer credit... The credit card could definitely cease to exist, but more so morph into virtual cards - like we are already seeing - ie 15/16 digit credit accounts.... The likes of Splitit perhaps are pre-empting the potential appetite of existing Visa/MC issuers to provide an installment option for a certain suite of cards... Its bound to become more mainstream.
However there will always be a demand for premium cards, with rewards and big limits ... cant see BNPL disrupting that... unless they offer serious rewards per dollar... which would probably send them broke - probably not going to happen
Yeh, just like Crypto killed off FX and international payments...
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Last
$1.29 |
Change
0.045(3.63%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.32 | $1.27 | $16.63M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 30048 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.29 | 290528 | 11 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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$1.29 |
Change
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| $1.25 | $1.31 | $1.25 | 2717786 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ZIP (ASX) Chart |