Ann: 1H18 Results Presentation, page-18

2.28% BDD is fantastic. But they effectively charge about 30% ( eg if Zip are like Afterpay? ....they charge 4% merchant fee and they fund over 4 fortnightky repayments. 25% if the amount for 0 days, 25% for only 2 weeks, 25% for 4 weeks and 25% for 6 weeks). So they get 4% for average of 4 weeks funding. 4% x 12.5 = 50% return. Less only 2.28% BDD. Wow! Great business model. Any higher income earners is the growth area which has lesser BDD and higher debt amounts!