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News: APT Afterpay posts bigger annual loss, page-57

  1. PigsMightFly
    7,705 Posts.
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    04/09/21
    16:49
    Post #: 55834668
    BNPL will never replace CCs. BNPL fees are far too high for most merchants and the credit limits are far too low. It will just be used for high margin, low value, discretionary purchases.

    The growth in BNPL is only because they are signing up penniless bums just to artificially boost customer numbers.
    Last edited by PigsMightFly: 04/09/21
    APT Price at posting: $130.71 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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