So, 1 KYC transaction for every 20 or so payment transactions.
That would seem about right?
The "lure" is the KYC, as that us unique. The bread and butter is then the payments. The icing is the settlement.
Basically, we are looking at PayPal mark2, that uses merchants to drive customer acquisition, instead of marketing direct via an eBay style ecosystem like Paypal did. Difference is, the merchants pay ISX to acquire customers! The model doesnt look dissimilar to Paypal, except that Paypal gives the wallet with KYC away in order to attract (unregulated) merchants and end users to its ecosystem, whilst ISX charges for it as a its a mandatory solution for its (regulated) merchants.
Thoughts?
- Forums
- ASX - By Stock
- SP1
- Quarterly revenue estimates
Quarterly revenue estimates, page-16
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SP1 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online