SPT 0.00% 7.5¢ splitit payments ltd

Q3 report, page-74

  1. 4,190 Posts.
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    The incentive for the banks are..... every person that defaults on a splitit payment..... will be charged interest by their own bank.

    Other than that - there is nothing banks can do, because placing a hold on funds is a normal banking process done every day all over the world.

 
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