InvestorsHub Logo
Followers 3155
Posts 961250
Boards Moderated 204
Alias Born 09/04/2000

Re: mick post# 236815

Wednesday, 11/24/2021 1:44:50 PM

Wednesday, November 24, 2021 1:44:50 PM

Post# of 245501
courtesy of $payo The good news for Payoneer was that some of the new business products such as B2B AP/AR have far higher take rates. The growth rate in these products helped the payments company push the take rate up to 90 basis point, from 77 basis points in the prior Q3 period.

The e-commerce business has low take rate volumes, so the company has the ability to offset those volumes easier. The guidance tells the story of a rather big set back on the volume front.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.