Maybe someone can explain to me the whole ~300,000 subscribers / VISA thing.
So these businesses are exposed to the product on some level, due to the numbers I'm guessing a lot dont even use it but its sitting there, somewhere for them to consume.
If it is something these businesses rely on and VISA were to remove it without an alternative then obviously it has value to VISA, but where is the value for 9SP?
Why do we look at VISA as a channel for contracts, I'm guessing its nothing to do with the 300,000 number - this is the VISA white-label offering and even if VISA decide they are going to charge $1000/year for those that want to opt-out we will see nothing of it.
Sounds like we are hoping for VISA to introduce us to a friend but why would the friend take what we have to it's customers for less than VISA which is obviously next to nothing.
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