ISX Charts, page-242

14th of may update stated they were over 542 mil annual gptv calculated from a daily run rate with less that 25% of merchants integrated.

The 25% refers to the number of merchants from the contracted pool of merchants. The updates don’t say they are only processing 25% of the contracted GPTV, it’s says 25% of merchants.

As as I said above you would be unwise to assume that you can now get that figure and times it by 4. It may be, it may not. Better to make conservative estimates and be pleased with the positives.

Tbh isx has a history of putting forward conservative figures and optimistic timelines for processes, integration and license approvals. The figures are conservative because they don’t want to tell their competitors what the fees structure is.

The timelines are optomistic because they have a custom built system integrating customers with unique custom built systems. The final outcome of this integration needs to be transparent, accurate and inline with several jurisdictions regulatory frameworks. It would have an extreme level of complexity. Isx isn’t going to rush anything that risks their reputation. They are putting themselves in a position where the regulators have full confidence in isx.