https://www.pymnts.com/buy-now-pay-later/2024/splitit-gives-banks-new-checkout-experience-to-reclaim-pay-later-space/watch this podcast Jimmy at 7m point you will hear the CEO. Explain to you that Visa instalments are part of our Splitit network.
Splitit released to the ASX over the past four years - have highlighted partnerships such aa Adyen, Rapyd and tabby.
This podcast talks about collaboration with your list to make sure they get FU pay later correct.
Watch the podcast many times is it makes you aware of what is happening now given the podcast was made on 10 May 2024.
what you should be looking in the market for Is the canary that signals sales explosion. Let me explain. Nandan explains that when the Bank issuers are satisfied there are no more kinks in the platform. That’s when the marketing campaigns occur..
both Visa and Mastercard are stacking up their bank issuers which have access to thousands if not millions of merchants across three countries in readiness for the marketing campaign. USA, uk and Canada. I have searched for France Germany Australia etc but found nothing this week.
This is a very clever white label product. Splitit seems to be allowing them to white-label it with their brand to get the Qudos… Splitit are sitting back allowing them to have bragging rights in order to get maximum market share. The share price means nothing to them atm until early 2025 when the FI PAY-LATER and Visa instalments mature and Christmas gets closer.
also, I found on LinkedIn mid last year. Splitit advertising for a number of staff where the job description was to work with their partners to maximise Sales. They don’t just sign up a partner like adyen - set and forget they want to make sure their Platform brings in the Sales by making sure they can connect to their API, the user experience is seamless and of course use their dollars to market Splitit via their own branding.
IMO we need to keep interest rates where they are to make money tight and offer card based instalments as a consumer option to ease managing they’re expenses.
so sit back Jimmy and stop stressing about Splitit and enjoy the rollercoaster ride as a lot of things are happening within Splitit in the right direction for us shareholders.
