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7.5¢ splitit payments ltd

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linc1025

357 Posts.

83

17/11/23

06:45

Post #: 70952767
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Originally posted by sneef: ↑

my investment risk is minimised when I see the following happening right now.

1. credit card usage is on the rise world wide by 2.4% making it the most used payment method in the world

2. users have had a taste with the legacy BNPL and proved there is an appetite for white-label BNPL - SplitIt

3. it has to be worth the cost to a merchant and this is where the risk is reduced because interest rates world wide have increased due to inflation now saving upto 3% by using SplitIt

4. the merchants customers are not delayed at the checkout as it has no friction plus they have the added luxury of “pay on delivery” which has taken of.

5. They now have not only a cash injection of $50m capital but have a partner called Motive to open doors for them to win merchants and acquirers to generate more revenue.

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all of this with the one large red flag of what happens to existing share holders shares.

SPT Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

3 Great analysis

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