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Exact(9)
Annualizing this gets you to between $3 billion and $9 billion in annual transaction volume.
BillPay currently sees an annual transaction volume of €300 million ($409 million).
To get to $1 billion in market size, we would need to see $1 billion/0.25% = $400 billion in annual transaction volume.
If CSN hits its target of supporting daily sales of 30 billion yuan, that could potentially translate into annual transaction volume of about 10 trillion yuan per year.
I'd go so far as to say that any space without a minimum of $5 billion in annual transaction volume is a non-starter.
The company says that in 2012 it saw triple-digit revenue growth for the fourth consecutive year and doubled the company's annual transaction volume to nearly $1 billion.
Similar(51)
He also reveals that the startup is seeing 400percentt annual growth in transaction volume and is currently bringing in over $1 million a month in sales across the network.
The prepaid transactions have increased over 25 times and the transaction volume in INR over 10 times, with annual growth rates of 62.30% and 42.30%, respectively.
VeriFone, which offers a Square competitor and mobile payments platform PAYware, is reporting that U.S. transaction volume for its payments gateway has achieved an annual rate exceeding $10 billion.
Its transaction volume has increased 100percenttoto nearly $2 billion annually.
At Merrill Lynch, call volume was 50percentt higher than normal but transaction volume was typical, the company said in a statement.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com