The Next Chapter, page-4891

Well we have an interesting swell happening in BNPL around the world.

bnpl surcharges in Australia may be able to be passed onto the consumer from the merchant making SplitIt more attractive to a merchant.

new regulations in the US are making it more difficult for BNPL lenders to operate with laws introduced to make them accountable for refunds and align with credit card legislation.

interest rates are very high for BNPL lenders to burrow money causing merchant fees to climb to 8% of the sale.

then on the UP side we have 3 US banks about to smash the North American landscape with FI PayLater which will quickly expand into London which is the hometown of SplitIts GLOBAL marketing director. ( Lyndal Newman).

—> so happy to park my shares and watch this develop.