The following graph illustratesComparable New Merchant Profitability, which is the Go-To-Market Net Spread as compared to the existing merchants in a portfolio, for different volume tiers.
Net Spread is defined as gross revenue charged to a merchant less total processing cost of sales divided by sales volume. This is essentially the profitability of different merchant sizes compared to the existing portfolio at the time the account isboarded.

Click here to see the findings.

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