Zip can manage any increase in bad debts because:
- Zip has factored 3 percent in bad debts
- Current bad debts is only 1.7-1.8 percent
- avail low cast funds from the government replacing 5 percent cost of warehouse funds to one percent
- stop the discount to new merchants
- stop the aggressive discount allowed to merchants while on boarding
- as a last option increase the interest rate on Zip money
The above avenues may not be available to other BNPL
March Quarterly 2020, page-30
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Last
$3.25 |
Change
0.140(4.50%) |
Mkt cap ! $4.243B | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.27 | $3.09 | $45.60M | 14.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8794 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 36106 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |