SPT 0.00% 80.0¢ splitit payments ltd

IPO - Splitit Payments Ltd, page-36

  1. 1,845 Posts.
    lightbulb Created with Sketch. 152
    Just had a brain fart in regards to the potential of SPT integrating into Visa or Mastercard...

    I read somewhere that there is circa 50% of unused credit on cards that are still active... If Splitit could help increase spending on those cards or increase credit via some type of IP integration, then there could be another stream of revenue other just from merchants...

    Not sure on the data but say 10-15% of CC holders do not pay in time and incur interest a small % of this could possible end up in Splitits hands if they play their cards right.
 
watchlist Created with Sketch. Add SPT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.