Business
CBA CEO thinks Afterpay’s merchant fees will come under pressure – Motley Fool Australia
The CEO of Commonwealth Bank of Australia (ASX:CBA) thinks that Afterpay Ltd’s (ASX:APT) merchant fees will come under pressure.
The chief executive officer of Commonwealth Bank of Australia(ASX: CBA) thinks that Afterpay Ltd’s(ASX: APT) merchant fee margins will come under pressure in the future. The Afterpay share price dropped 2% today.
Matt Comyn, the CEO of CBA, was talking to the House of Representatives economics committee on Friday, according to reporting by the Australian Financial Review.
He had a number of interesting things to say about Afterpay and the industry. Mr Comyn said: “Even though it is not referre…
-
Noosa News23 hours agoGirl on scooter dies in Laidley, motorbike rider killed in Gatton
-
Noosa News18 hours agoLaidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
Noosa News23 hours agoGirl killed in horror e-scooter crash in Laidley, Queensland
-
General22 hours agoBrisbane coach Michael Maguire backs Reece Walsh despite error handing Broncos defeat