Interesting Article, page-13

my biggest concern with bnpl is that it can be replicated by any big merchant especially with low interest rates for much longer, i think kogan is offering 24 months on purchases, Harvey norman have done it as well, so they all could do it, just smaller merchants will have a difficulty in chasing bad debt.so there you go since there is more profits then they could offer interest free payments.it is the way of the future but unfortunately feel that the fees will not be enough to make any of these bnpl companies so believe that it will only benifit the ceo and everybody that has a position, but unfortunately for shareholders the only way they can make money out of these companies is to trade their stock and this is what I have been seeing. oimo