IPayment has some 56,000 merchant locations, which average less than $250,000 a year in charge volume with an average transaction value of $75.
The application demanded information much like the one I had filled out years earlier for PNC: anticipated annual sales volume, average transaction, highest single transaction and percentage of sales over the phone (as opposed to transactions with a swiped card).
On TransFS, businesses submit information about their transactions including the percentage of online, in-store, mail-order and phone transactions; the merchant's current credit-card processing fees; and monthly volume of sales and average transaction size.
For IBM, PFE, AAPL, YHOO in (b), the market activity indicator is the average of the three indicators (number of transaction, transaction volume, and price volatility).
Is it fair to judge Stripe by its transaction volume?
Since Q1 2013, transaction volume has growth by 14x or more, according to Goldfarb, and the average transaction amount has consistently been around $100, which reflects its service-oriented merchant user base.
"While the average transaction increased year-over-year in October, traffic still suffered, which in part is due to store remodels and strong hurricane volume comparison from last year," Neil Currie, an analyst at UBS Investment Research, wrote in a report.
"Our average transaction is £2.70," says Whiteside.
The average transaction in December was worth £8.26.
At Merrill Lynch, call volume was 50percentt higher than normal but transaction volume was typical, the company said in a statement.
