CRO chart, page-613

Mate ....even the CBA BNPL deal is proposing a 1.4% attached transaction fee.

The reason CRO has been able to broker this deal with FISERV et al VISA and MASTERCARD is in part because of the selected category of the ' Interchange fee ' structure. And that's how CBA is able to do it also.

So in CRO's case , and because they are in fact participating in offering their clientele the payments and settlements ' Exchange ' , they are able to tap into the Mastercard Credit interchange ' Qualification Criteria in Categorizing their transactions under " Commercial - Tokenized Online " which in turn allocates transactions across classifications of :- Commercial Executive , Strategic Merchants, Consumer Elite and /or Consumer Super Premium with Tokenized Online transactions having to be correctly identified using the wallet identifier in the authorization and clearing messages.

So it just so happens that this particular Mastercard Category attracts a legislated interchange rate inclusive of GST of .517 of a % which is about a 41.25% discount to it's mainstream interchange fee charge of .88 of a percentage. And you can look up the different government legislative categories at your own leisure.

And so what does that then leave you with in regards CRO's alleged 40% increase to revenues. Well it could look like something like this I guess :-

1.5% + .517 %( one side) + .517% ( counter party side ) = 1.5% = 2.534% or 68% more revenues

But if you ONLY get the counterparty side at 25% of the time , you then arrive at something in the neighborhood of 43% overall increase to revenue from TTV's.