personally for me the biggest partner and I think will be the most lucrative is the deal with Ingenico.
The two companies envisage the new solution as a more frictionless way to access BNPL at the point of sale without having to go through online applications.
Both Ingenico and Splitit have said “they have received strong initial interest coming from clients of both companies, particularly in the United States and Western Europe.”
to be able to tap your credit card on a point of sale machine at lets say @THE Good guys or @jb HI-FI for that 3 grand tv you've always wanted and be able to get it interest free and pay it off over 12 - 24 months etc.
This is not only going to help consumers save money as now they can leave their cash in the bank earning interest and use the available credit on their credit cards to make the big ticket item purchases but will also make it easier for companies to sell these big ticket items.
SPT Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
