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.
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