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7.5¢ splitit payments ltd

Last i heard Fred Flintstone was the top running candidate for...

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squidbrain

748 Posts.

155

02/10/21

08:40

Post #: 56515894
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Originally posted by LordNigel: ↑

In the end being able to use your credit card and no signup and make points (this is key to me - in a world currently where you can't really spend the points) is why people will use Splitit

this value proposition is in a headwind because people haven't been using the credit cards for much more then $100 purchases since Covid.l and Splitit is targeting large purchases -- consumers buying push bikes to keep fit during covid.

I still think post covid and certainty comes back Splitit will get a second go (if the competition in this space is small) and they reduce their fee to merchants it seems (in Aussie markets at least) - maybe they just need to do a "intro deal" - like 3 months half rate to trial get foot in door. then customers delighted to use it and it helps merchants (trial over) customers will ask for it at merchants.

one thing is for sure, this space is tough and I'm clawing my seat to see what happens next -- this is not boring stock to hold.. I like the chase .. I wonder how the search for our new ceo who is going to solution this is coming?

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Last i heard Fred Flintstone was the top running candidate for ceo yabb a dabba doo.

Last edited by squidbrain: 02/10/21

SPT Price at posting: 41.0¢ Sentiment: Hold Disclosure: Held
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