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

APT

Click for more information

0.00%

$66.47 afterpay limited

PayPal officially joins the race, page-550

First 550 Last

Share
Profile

Follow
Mado

3,425 Posts.

364

22/09/20

10:44

Post #: 47527063
Share

Originally posted by The_jconway: ↑

Sorry for the late reply mate.

PayPal's product is to offer the exact same product to merchants (they charge the merchant the same fees) but to split the repayments over 4 instalments. Effectively they're absorbing all the risk for no additional reward. IMO not off to a great start...

Additionally, consumers don't really make purchasing decisions because some one offers PayPal. They also don't do this with Visa / Mastercard either, but they do with Afterpay.

Finally, I believe the PayPal surcharge can be oncharged to the consumer (at least in Australia, unsure about USA). I'm not sure there's many people willing to pay more for the same product.

I honestly believe it's a company trying to diversify into a new market that they haven't done their due diligence in. It seems like they're trying to compete based purely with their size. But in the end, it's the consumer who makes the decision on the payment option. I don't see consumers actively choosing PayPal over Afterpay and my gut instinct grows more confident every day that I read the positive / negative comments on the topic.

Expand

How much will PPs new BNPL charge merchants?

APT Price at posting: $76.17 Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nine's staff strike as Paris Olympic coverage begins

ASX Market Open: ASX200 to rise for Friday session | July 26

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

There are more pages in this discussion • 26 more messages in this thread...

First 550 Last

Add APT (ASX) to my watchlist