My guess: where VISA is accepted, Afterpay will be accepted - perhaps in the form of a digital payments card (and loyalty scheme attached?). No more bank cards and less involvement from banks - after all, VISA is not a bank and neither is Afterpay (although part-funded by them). The payments landscape is quickly changing. Afterpay piggybacks the existing infrastructure of VISA to capture a larger market more quickly, and VISA benefits from riding the coattails of this success story as people shift the way they pay. The US will be the test, and if successful, will be rolled out globally.
APT Price at posting:
$28.28 Sentiment: Hold Disclosure: Held
