@82Punter do you class the total payment volume as just...

@82Punter do you class the total payment volume as just processing volume and not anything else.

processing fees we collect

eftpos fees are .26C CAPPED

online credit card transactions are 1.5%
instore credit card transactions are 1.15%
bank transfers generally form part of the SAAS fees

Spenda collects those fees and we pay Mastercard and visa respectively for using their networks
we do not know our cut of those payments are and we will never know as its proprietary knowledge

I used the (total payment volumes) as an aggregate of the SAAS fees/ lending fees and processing fees and compared that against cash receipts

Therefore i saw an aggregate return of 2% based on that thesis

Every 4C has a commentary and show's the total payment volume

I know how Spenda derives its income stream, but all of it is measured via Total Volume Processed

Anyway i have my own way of measuring returns, and i am very sure you have yours

I just thought i would share my thesis based on the numbers provided and my interpretation based on the knowledge that was shared to me

Have a good day people