Australia's largest stock trading and investment forum Australia's #1 stock forum

APT

Click for more information

0.00%

$66.47 afterpay limited

Happy to hear your counter point of view to the above Fraser?

First 25 Last

Share
Profile

Follow
casajack

1,218 Posts.

218

25/10/19

11:20

Post #: 41064606
Share

Originally posted by casajack: ↑

Yes, that is exactly what I'm saying. Like I said, it is only a theory that I have. If Paypal were to scale a pay later business, I think it would take 10x the costs you have mentioned above, perhaps multiples more, involve more credit risk (a move away from their core business) - product development would be years behind competition - and there are plenty of others in the market already, as many like to point out. What I'm suggesting is if Afterpay become a trusted payments company and continues to scale in the US, Paypal may take notice, particularly if Afterpay's margin becomes appealing (which is a complete unknown). If the 'trust' that Paypal has as a payment option is matched by Aftterpay & user's decide they can Afterpay everything or Afterpay Now, rather than Paypal I certainly see a possibility?

It is only my theory - but on a smaller scale, I see it as similar to Facebook acquiring Instagram once it became a threat. Of course, the counter is that Instagram copied Snapchat's popular features once it became a threat & forced Snapchat to develop alternative features.

Expand

Happy to hear your counter point of view to the above Fraser?

APT Price at posting: $30.11 Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Trump is President Again: What Does This Mean for Crypto?

AKN

AuKing Mining flags gold in rock chips on-site Saudi Shaib Marqan project

EQN

Equinox unveils some of "world's highest" antimony grades at Alturas, Canada

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

NMR

NMR picks up advanced gold projects in far north Queensland

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

ASX Market Open: Green Friday as markets digest Trump; China | 8 Nov 2024

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

First 25 Last

Add APT (ASX) to my watchlist