TabaPay

“I give Visa so much money, and I thank them every day for the great network they run, that this is incremental business they have because of our services. So as part of it, they give us lower rates that we pass on to our merchants.”

“And so we don't have any work to do from a corporate governance standpoint to go public. In the payment industry, you have to do it anyway.”

“And so we will follow them into Mexico. Okay. And try to lead them in Canada. We have merchants on both sides of the border processing. Same transaction, same businesses, slight different regulation. So Mexico's next. And then Europe.”

“We do now 70,000,075 million payments a month. This is right in close to nine billion dollars in payments a month.”

“So if you look at AI, what we're doing today is deploying it in, I'll call it analysis. Let us do a lot of data analysis quickly. Okay. Which gives us more insights into this cross merchant fraud matrix.”

“This company in particular, I want to take public.”

“And if you look and study risk in our business, it's not traditional sophisticated AI type fraud. It's simple velocity based fraud. Additionally, a lot of the banks, a lot of the issuers of the cards have tools you can use. So you combine what the network prov…”

“Slow payments are less risky. Instant payments are more risky. So it's part of the instant payment mantra that you have to deliver a risk solution with it as well.”

“We touch a third of American households every month. We have a hundred million debit cards that we process for”

“Where payments are moving, is from this pull, cost and risk, to a push, instant, risk free. Right? So if you can establish consumer trust in the merchant, the consumer pushing money to the merchant, you've cut cost and risk out, you have the trust factor if yo…”

“We have a 150 employees now”

“Because in the end, when you're sending money, There's no invisible markup. When you're doing TVs, you can put a 20, 30% markup. Your consumer doesn't know what your profit is. When you're moving money, the consumer sees exactly how much you're charging. So th…”