SP1 0.00% $1.07 southern cross payments ltd

ISX Charts, page-245

  1. 688 Posts.
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    I think there are several reasons why they don’t put all of the GPTV through isx

    - two suppliers provides you with better business continuity ( as you said )
    - put your toe in the water first, make sure it works. A lot of these merchants are in their first few weeks of operation with isx. They don’t have complete figures from an entire month yet, possibly two partial months. The merchants which are growing their volumes significantly with isx would be the ones who can compare finalised figures and reports against contracted service agreements. This might take a full quarter. The merchants who are growing volumes have been integrated for longer or have greater business urgency.
    - not all of a merchants gptv may need to be processed through isx. Mix of high risk and low risk transactions.
    - is isx’s systems required yet in in their jurisdiction? Greater regulation is coming into play progressively across Eu and Aus. If you don’t need it why pay for it yet? Right now you would just want to know it works.
 
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