ZIP 5.24% $2.01 zip co limited..

Revenue per dollar sold comparisons, page-6

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    Lepio; page 20 annual report . Of 502 million in 2020 revenue Afterpay made 68.8 million as late fees (13.7% of total revenue) down from 18.7% in 2019
    Afterpay collected 433.8 million from merchants, which is 3.9% of underlying sales.
    So late fees increased return by 0.58% across total TTV.


    Merchant fees average is 3.9 % in 2020. In 2019 it was 3.8%

    This clearly shows imho that spreading the cost of bnpl across both merchant and consumer is a better system.





 
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