Australian grow has moderated alot in the last year... they used to grow at nearly 1,000 terminals per QTR.
Perhaps this gets harder as they gain more market share, but this is still very modest. I suspect that business closures/churn have clipped up, which makes the total terminals lower.
I'd like to see quarterly reporting come back, but I suppose they are not obligated to do so, so why would they bother.
Ann: Payment Facilitator Agreement Executed for New Zealand, page-18
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