I think they have done a brilliant job in the marketing department with the merchants they have brought on board. I think any new BNPL based payment system is going to have a hard time expanding in Australia with both Afterpay and ZIp doing so well, none of the big retailers are going to want a confusing mass of payment options.
I think the flaws with ZIP will be keeping a stable platform and how quickly they fix issues, having worked for CBA as an incident manager I saw first hand what a difference a well managed outage makes (noticed on linkedin they are currently recruiting for major incident managers so that's a good step)
Second flaw will be the price to merchant having a small business the 5% of my turnover was enough to keep me away from it
I think they have done a brilliant job in the marketing...
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Last
$2.98 |
Change
0.090(3.11%) |
Mkt cap ! $3.903B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $3.00 | $2.92 | $14.81M | 4.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 31919 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 83916 | 18 |
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| Last trade - 11.23am 10/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |