Watch This Space, page-7433

On last read it looked like SPT charges as low as 1.5% merchant fee, but you pay a larger one off fee of $1.50 with a partial payment upfront -- through to as high as 3% with a $1 fee if you want the lot immediately. interest and fee free of course to end customer credit card holders..

..given the money is practically guaranteed (just a short wait) -- merchants could pick the 1.5% fee and because the average purchase is around $1000 (a $1.50 fee per transaction is nothing); this optional fee service is useful to merchants to consider, pending factors like the large macro credit market. SPT needs to keep evolving here -- it's the merchants who must be recognised and treated as important stakeholders (keeping money with them and risk down is how they will choose in a flooded instalment market).

I'm glad SPT is trying hard to work together with the merchants - the fee structure was a red flag for me previously.

I hope they share more this quarter about how they are accomodating/positioning and customising for specific merchant stakeholders needs and wants....go John and co, go!!