Sorry, we have used the instalments and financing to be more...

Sorry, we have used the instalments and financing to be more clear.

Yes it does as advertised, but you must know there is the alternatives such as integrapay (payrix now) for example. What i meant when i said the product was bad was not as a client but as a product full-stop. Like many BNPL it improves the working capital cycle for the firm (or improves sales inflows due to flexible payments), but the product just isn't profitable for Quickfee itself, that's your bread and butter.

Besides that, perhaps it's just our firm (top 25 aus firm), but very little clients actually use it in the first place, yeah you can sign up to a firm, but we might have some 1-2% of clients that actually opt into quickfee, nonetheless the option is there. For reference a typical client director in an accounting firm may have a client base of ~200 clients on average. run the numbers based on how many Quickfee has in their backlog. (tad over 1k signed merchants, they think 4.6m run-rate backlog. Typically 2 directors on average per firm. you might get ~$4,600,000/2,000 = ~$2,300 per director. Typical director is doing close to $1m in revenue so the numbers would be relatively close)

I am not aware of Affinipay, what makes you believe they are 'making a lot of cash'? From what i can see they are not public and cursory google searches i am made quickly aware of various external funding rounds (not self-financing) similar to Quickfee.

I'm not so sure the cost of funding being cut will help this much, and the headwinds of potentially economy-wide debt cost increases is ever-present given reserve banks both here and in the US raising rates.