PSYC Corporation (PSYC)

[LutherTiggs]

My guess is you may be overstating the appetite for consumer and/or retailer to pay fee on top of fee just for convenience of using credit/debit card. Most banks don't charge fee for ATM usage (if you use their ATM). Retailer has to pay fee for credit card transactions regardless...on top of that fee to GOHE. So you have to have enough perceived value in anti-fraud, and cash handling burden to offset these additional costs in order to provide adequate incentive for retailer. Are we there yet? And by the way, what is speed of process for handling credit card w/GOHE...is it slower than someone paying by cash? Just being realistic...and it likely explains the relatively low revenue numbers to date in spite of having up to 100 retailers. Yes, will take time to ramp...but don't think we have a winner for sure here.