Is the govt concerned over people who use credit cards?
I don't think so .
AMEX Credit card interest is 20.74% and the govt is concerned people using BNPL are in danger of getting into debt?
Maybe the govt needs to regulate credit card interest rates before they turn on BNPL.
This fear about regulation etc has happened three times since I've held companies in BNPL, both times the share prices tanked but then they regained and rose again, because the BNPL sector did nothing wrong, its fear mongering from the big banks and the govt.
Remember when they said APT and ZIP were involved in money laundering in 2017 ???!! ppllleeeeasssee!!!
Remain calm, page-34
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