Both companies have seen their share prices soar with Afterpay CEO Anthony Eisen describing the shift online as “consistent” and “accelerated”.
Zip Co-founder Peter Gray said the business model for his company had proven itself effective in times of economic stability and uncertainty. However, Small Businesses Ombudsman Kate Carnell said she was concerned the move to online shopping and using Zip and Afterpay could promote a mentality of spending beyond your means.
Source: News Formal (newsformal.com)
They’re no different to a credit card company. Good on em
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