worth a read.
This shows why retailers are willing to pay the high merchant fee to bnpl, save wages, storage space, restocking (if cancelled), chasing bad debts, immediate payment ect
https://www.google.com/amp/s/www.news.com.au/finance/business/retail/big-w-introduces-15-layby-fee-and-people-are-not-happy-about-it/news-story/b38706bd3aae9a661c935e3800b27339%3famp
to bad zip is going backwards. its model is so much like a credit card that it makes most of its revenue from the customers.
other bnpl that are cheaper for the customers will be the last ones standing!
imo, not financial advice!
worth a read. This shows why retailers are willing to pay the...
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