@Silkyone
I think it will explode imo.
If we consider that the 114K current cloud customers haven’t had a payment gateway option previously and now they have this under the one platform this is a significant amount of money generated to Reckon and Novatti.
Reckon have openly stated that they are now going to grow this component of their business (70%) of their core offering and build new layers, this makes a compelling case- one would also have to consider the COB for cloud cliental, it would be a light touch cost compared to the layer previously sold.
With Novatti acquiring platform live in June & Visa cards being issued to the Reckon account base on top of the processing revenue, we may see a major increase and strong fundamental growth phase for Reckon & Novatti.
All my opinion- having 114K paying companies that are sticky to the platform is a considerable amount of businesses.
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Open | High | Low | Value | Volume |
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1 | 10416 | 0.048 |
1 | 63829 | 0.047 |
4 | 138700 | 0.045 |
1 | 11627 | 0.043 |
Price($) | Vol. | No. |
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0.053 | 62303 | 2 |
0.060 | 146837 | 3 |
0.063 | 27000 | 1 |
0.070 | 100000 | 1 |
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