ZIP 8.16% $1.53 zip co limited..

Credit cards slump as customers shift to buy now, pay later

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    article: https://hotcopper.com.au/threads/prediction-for-next-week.5388400/page-96?post_id=44580098

    Buy now, pay later operators have reported resilient numbers during COVID-19, driving a strong recovery in the share prices of the listed players. In a quarterly update last week, Zip said 70,000 new customers were added in April - which equates to 2333 a day,

    Shaw & Partners analyst Jonathon Higgins said Afterpay and Zip had successfully traded through COVID-19 and over the past five years had taken 30 per cent of Australians as customers, halting credit card growth.
 
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