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Afterpay reckons this 1 number shows its ‘moat’ – Motley Fool Australia
One metric shows stark difference between the Australian company and both its old school and buy now, pay later rivals.
Afterpay Ltd (ASX: APT) showed off a statistic on Thursday it claims sets it apart from its rivals.
The buy now, pay later (BNPL) provider displayed the evidence in its results presentation, where it announced a 112% boost in sales to hit $11.1 billion.
The table shows Afterpay only receives 14% of its revenue from customer fees, compared to more than 60% for its BNPL rivals and 80% for credit cards.
| Provider | Income from customer fees | Income from merchant feesClick here to view the original article.
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