SPT 0.00% 7.5¢ splitit payments ltd

Interesting Article, page-16

  1. 4,934 Posts.
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    any merchant can put a hold in a credit card and then take out instalments and as instalements are are taken out so does the hold amount reduced increasing tge available balance. So I beloeve the only reason why small merchants would want to use SPT is so they are on their lst of merchants, so just another way of advertising imo. and that means SPT customers users need to grow and grow fast amd the only way for that to happen is more advertising by SPT which does cost a hell of alot of money, so in the meantime SPT Employees are paid no matter what. yes and one thing else that I will mention is that when the merchant grows is customers base then they too may end up providing the instalment payment option so they dont meed to pay any fees to SPT, for that reason I will have a sell on SPT as it is way overvalued at 50c and should be where it was at them the ipo price and if it gets to that price lets see if the ones that bought at the ipo price still hang around.
 
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