Business
Zip (ASX:Z1P) announces major payments expansion with Tap & Zip – Motley Fool Australia
Zip’s buy now pay later footprint just got a lot bigger with its new Tap & Zip. Despite this, the Zip share price fell in late trading.
The Zip Co Ltd(ASX: Z1P) share price was up 3.5% in early morning trading before turning around in the afternoon to close 0.7% lower.
This came after the company’s progress report, released today, revealed a major expansion to its buy now, pay later (BNPL) services – Tap & Zip.
Despite today’s retracement, the Zip share price is up 101% since 2 January.
By comparison the S&P/ASX 200 Index (ASX: XJO) is down 6% year to date.
Why will Tap & Zip open up a much larger market?
Founded with the intent…
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