Segment information (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of revenue by segment and geographical region and reconciliations to consolidated revenue and gross profit

	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
Net Revenue:
APAC	$	3,629,098	$	3,760,580	$	11,140,930	$	12,014,840
North America	1,622,659		1,391,131		4,741,143		3,467,390
CEMEA	1,307,448		1,399,932		5,955,048		5,432,098
Total multi-currency processing services revenue	6,559,205		6,551,643		21,837,121		20,914,328
Payment processing services revenue	3,913,707		3,373,494		12,486,517		10,808,783
Net revenue	$	10,472,912	$	9,925,137	$	34,323,638	$	31,723,111
Gross Profit:
APAC	$	3,613,065	$	3,760,580	$	11,072,546	$	12,014,840
North America	1,597,014		1,391,131		4,666,282		3,467,390
CEMEA	1,037,551		1,399,932		4,962,435		5,432,098
Total multi-currency processing services gross profit	6,247,630		6,551,643		20,701,263		20,914,328
Payment processing services gross profit	1,171,187		649,464		4,192,774		2,866,914
Total gross profit	$	7,418,817	$	7,201,107	$	24,894,037	$	23,781,242

Schedule of concentration of revenue by customer by geographical region

	Three months ended September 30,				Nine months ended September 30,
	2013		2012		2013		2012
Multi-currency processing services revenue:
APAC:
Customer A	64	%	61	%	64	%	62	%
Customer J			12				13
North America:
Customer E	24		19		27		17
Customer F	32		45		31		46
Customer G	11		10		10		11
Customer H	11
CEMEA:
Customer C	67		97		75		99
Customer I	33				25

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details