90% of the interchange fee. You are correct!
Interchange fee for Mastercard US Debit cards for unregulated debit seems to be around 0.9% + 15c.
DOU get 90% of the interchange fee, but also give approx 5c to Choice for each transaction (as per the prospectus). I'm assuming Choice get the other 10%?
So a $5 coffee would be 19.5c in interchange. 90% minus 5c goes to DOU, and 10% plus 5c goes to Choice.
So DOU gets 12.55c and Choice get 6.95c. 35% to Choice.
For a $100 transaction, DOU gets $0.895 and Choice gets $0.155. About 15% to Choice.
Hope my quick mafs checks out!
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90% of the interchange fee. You are correct! Interchange fee for...
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $3.246M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $563 | 187.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 14055085 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 12887966 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 14055085 | 0.003 |
15 | 10815805 | 0.002 |
5 | 10799950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 12887966 | 8 |
0.005 | 5580364 | 11 |
0.006 | 5810649 | 9 |
0.007 | 623178 | 3 |
0.008 | 1998203 | 6 |
Last trade - 10.02am 20/09/2024 (20 minute delay) ? |
DOU (ASX) Chart |