ZIP 2.67% $2.92 zip co limited..

Daily Price Movement / General Discussion, page-42340

  1. 4,071 Posts.
    lightbulb Created with Sketch. 620
    I like what you present in your posts

    one note id make when you said

    "the popularity of the business principally in australia"

    the USA business operates very differently.

    au customers pay a monthly fee if they have a balance outstanding (nothing if paid in full)

    USA pay $1 for each installment ($4 on each purchases)
    sometimes more with zip exclusive merchants*

    (with this fee it will never be a solid replacement for CC, imagine paying $4 on every transaction you make with a CC)

    this difference imo is the number one reason for the decline in growth % from the USA arm.

    imo
    Last edited by coppergaz: 09/01/22
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.