$21mio monthly, so if all turnover was processed through Spenda rails, charging 1.25%, we could expect up to $3.15mio of annual revenues. So either only a fraction of the volumes will use credit card payments (vs bank transfer?) or Carpet Court and Spenda agreed a bulk deal. Either way, it is a good indication of what scaling factor we could apply to big clients. If you understand it differently, please comment.
Ann: Spenda Platform to be rolled out to Carpet Court, page-17
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