SPT 0.00% 80.0¢ splitit payments ltd

IPO - Splitit Payments Ltd, page-58

  1. 3,251 Posts.
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    So essentially no interest from Splitit side and since they put a hold on the funds but don’t actually debit from the credit card, it’s not a charge on which the bank can charge interest . I will send a follow email to understand the exact mechanics of the hold, will share when I hear back. Cheers
 
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