Hi JLo Just looking at the tier 1 MC / Visa connection timeline...

Hi JLo

Just looking at the tier 1 MC / Visa connection timeline mentioned in the last few announcements.

In the 3rd August, Analyst Brief announcement, the quesstimate mentioned for the Visa / MC Tier 1 connection was in about 6-8 weeks - (mid to late Sept)

In the Bank Codes & Scheme Summary of 30th August, the timeframe had slipped out to December 18.

The reason for the new December 18 timeline became clear, that the push back was because of the Apple cookies hickup, and having to divert resources to solve that priority problem as mentioned in 3/9 ann.

Since that problem was resolved around 3/9, I reckon a reset of approx 6-8 weeks from the end of the Apple drama resolution date is the new timeframe to connection as originally quoted back on 3/8.

That would mean a possible MC / Visa tier 1 confirmation announcement anytime from mid to late October.

Smart to quote December though, it allows a bit of breathing room.

Cheers
Tradealot


PS - Another solid GTPV Update next week would get the market crunching numbers and thinking about ISX.