90% of the interchange fee. You are correct!
Interchange fee for Mastercard US Debit cards for unregulated debit seems to be around 0.9% + 15c.
DOU get 90% of the interchange fee, but also give approx 5c to Choice for each transaction (as per the prospectus). I'm assuming Choice get the other 10%?
So a $5 coffee would be 19.5c in interchange. 90% minus 5c goes to DOU, and 10% plus 5c goes to Choice.
So DOU gets 12.55c and Choice get 6.95c. 35% to Choice.
For a $100 transaction, DOU gets $0.895 and Choice gets $0.155. About 15% to Choice.
Hope my quick mafs checks out!
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.246M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 15196954 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 15433708 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 15196954 | 0.003 |
19 | 14336638 | 0.002 |
6 | 9599950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 15433708 | 19 |
0.005 | 6758032 | 14 |
0.006 | 5073000 | 9 |
0.007 | 509874 | 2 |
0.008 | 986203 | 5 |
Last trade - 16.12pm 08/08/2024 (20 minute delay) ? |
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