4 ms·

Would you elaborate?

• nradov 10y ago
  IANAA but generally if they're just processing payments then GAAP revenue would only be the difference between cash in and what they immediately pay out. Think of it in terms of facilitating a transaction and taking a cut of what flows through their hands.
  • grzm 10y ago
    Ah. I see what you mean. Thanks for the clarification.