Mastercard

“We make earnings available for them as soon as they've completed their work, and we do it at a very, very low price point. A flat fee that is typically competitive with even though the charges that Visa or MasterCard would charge for processing a payment over …”

“Well, how we're different is the Prime and the one click, they have patents on that, but they don't have the patent on how to one click checkout with things like Visa, MasterCard, or using American Express.”

“Actually, we make kind of a tiny fraction of that. The vast majority goes to your credit card company that issues your card as kind of sanctioned by Visa and MasterCard.”

“We help companies like IBM, MasterCard Samsung Transform their primary marketing approach from ad-centric to story-centric.”

“Essentially in our business, because we're paying out to Visa and MasterCard and Amex on our payments revenue, It's important to not look at the gross revenue, but instead to the net, right? And to like take lifetime times by your net revenue to get a true vie…”

“So if there's a hundred dollars that goes to the system, in a simple example the merchant might pay three dollars. That three dollars, you know, 99% of it is going to the issuing banks, to the banks, into the card schemes. We get a tiny, tiny percent of that, …”

“No, it's certainly not three to five percent, right? ... It's much less, right? If you look on the payment space, right? When a merchant is typically paying in the U S somewhere between 1.6 to A critical transaction, right? This cost would include the issuing …”