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It says its transaction time is now almost half what it was back in 2015, too.
From now on it will itemise its transaction fees (per ticket, for example) and its fees for the management of a customer's account separately in its invoices.
BMG said it expects to close its transaction for Bug Music by October.
In addition to its transaction fees, the company said it would generate revenue by offering services accompanying those sales.
Is it fair to judge Stripe by its transaction volume?
Perhaps most telling is the company's addition of $4.1 million to its transaction loss provision for 2015, which it also disclosed in its registration document.
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And the company also offers tracking of all of its transactions through what it calls the Reserveledger and Reservechain.
The company can afford to be competitive because it owns the payment network that process its transactions.
"We relied on representations made by Enron that it and its outside auditors had approved its transactions," Merrill said.
Like the stock exchange, it has a further market dynamism because both sides of its transactions are currencies.
With its transaction-level data, however, the company could pinpoint the source of the problem: The ATM bill-paying process wasn't automated.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com