what about the synergies Tim has mentioned during the PFS acquisition update? I’m a bit confused about it... is it seldom based on a reduction in fees charged by the schemes (mastercard) ?
i remember somewhere that once we hit $20b gvd, Eml can negotiate a discount due to the processing volumes. If that’s the case then a 2 bps reduction would mean $4m will drop straight to the bottom line. This might be a year or two off by the looks of things so maybe it will fall in fy22
what about the synergies Tim has mentioned during the PFS...
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