Not meaning to sound rude, but quite literally nothing you wrote there is a positive if in fact Tap&Zip is only getting interchange fees even at integrated merchants:
- "only taking a 40% hit to the revenue per sale" - just read that line back to yourself again, over and over, and let it sink in.
- Zip and Afterpay are in no way evolved forms of visa/mastercard/amex, for the simple fact that visa/mastercard don't take on credit risk. They are completely different business models.
- APT's market cap is 35x 2020-21 revenue due to their Pay in 4 model, hypergrowth, dominant market position, major enterprise merchant customers, major substantial shareholders, institutional investors and a powerful cult-like retail following. Not because they are trying to be a bank.
Tap and Zip has more benefits than you may think, page-25
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Last
$1.72 |
Change
-0.040(2.27%) |
Mkt cap ! $1.937B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.83 | $1.70 | $26.91M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.72 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 15000 | 2 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |