Mastercard Expanding, Spotify Spending

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4.7 • 1.7K Ratings

🗓️ 28 September 2021

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mastercard enters the world of “buy now, pay later”. Spotify launches its first global campaign to win over advertisers. Jason Moser analyzes those stories and answers a listener question about buying more shares of a stock after its fallen.

Transcript

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0:00.0	It's Tuesday, September 28th, welcome to Marketfoolery, I'm Chris Hill with me today, Mr. Jason
0:08.0	Moser.
0:09.0	Good to see you.
0:10.0	Good to see you.
0:11.0	We have the business of entertainment.
0:12.9	We have a really good version of the when to buy question, but we're going to start with
0:18.0	the latest from the war on cash.
0:21.5	Mastercard is getting into the by now pay later industry.
0:26.5	Mastercard installments is the program that will be launching next quarter in the U.S.,
0:31.5	Australia and the U.K.
0:34.5	We're not surprised, are we?
0:36.5	I mean, given how much attention this needs and industry has gotten and all the different
0:43.6	businesses plowing into it, wasn't it just going to be a matter of time before Mastercard
0:48.1	jumped in?
0:49.1	Yeah, absolutely.
0:51.1	And there was language in previous earnings calls that suggested they were making
0:56.0	some investments in this space.
0:59.0	Chris Rickey-Bobby's father once told him, if you ain't first, you're last.
1:04.1	What I think we're seeing here in the by now pay later spaces, that's not necessarily
1:07.9	the case, right?
1:08.9	It doesn't really matter who was first of this space because now we're seeing just this
1:15.2	influx of all sorts of companies wanting to participate.
	...

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