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15/12/23

08:53

Post #: 71462335
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Originally posted by Tekvest: ↑

I mentioned this morning that the 'Google partnership was unlikely to have been price sensitive or even noteworthy because all BNPL businesses have their badges put on Google's site as and when they can, in exchange for issuing Warrants - it's good business for both sides - if for instance ZIP suddenly gets a lot of commerce from Google's site, then commissions flow and ultimately if it spurs ZIP on to great things then those Warrants are presumably exercised and both sides win. Unfortunately it is only a punt heavily stacked in Google's favour, which is why they are uber riche.

AMPdMobile knows there is form with this type of 'partnership', 'contract' and 'pilot' in other areas - even to the extent that they razzed themselves up to the extent that the BNPL business concerned was going to shave off 3% of Google's revenues (or a percentage thereof) which was calculated to some extraordinary multiple of billions of dollars. The devil is in the detail.

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In this article it says...

paymentexpert.com/2023/12/14/zip-google-pay-bnpl-demand/?amp

"Through the new partnership,businesses that accept Google Pay will be able to integrate the Zip Pay-In-4 instalment option, which is issued by WebBank. "

This does sound noteworthy as this says that any site (other than Google) that has the Google Pay option can now offer Zip whereas previously it wasn't available. Zip being offered on random websites where Zip wasn't an option previously sounds pretty good to me. This should have shot up into the 60s yesterday. Maybe by the close today? Or at least break the 57-58c resistance

ZIP Price at posting: 53.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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