ZIP ASX

2022 - 6 - 7

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Image courtesy of "Motley Fool Australia"

Zip share price tumbles 6% as Apple Pay Later threat looms large (Motley Fool Australia)

The Zip Co Ltd (ASX:ZIP) share price has tumbled again today as investors worry about the launch of Apple Pay Later...

This means that the seller doesnโ€™t even need to offer BNPL as an option to customers nor would it even necessarily know if a sale was made with the payment method. Whereas Zip, Sezzle inc (ASX: SZL), and co wonโ€™t have that luxury and will be forced to continue spending big bucks to promote their services to consumers. However, importantly, the service works with any merchant that already supports Apple Pay and does not require a new payments terminal.

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