Segment information (Tables)

3 Months Ended

Mar. 31, 2016

Segment information

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

	Three Months Ended
	March 31,
	2016		2015
Net Revenue:
APAC	$	3,817,064	$	4,036,276
The Americas		2,185,374		1,493,130
EMEA		2,631,794		2,152,359
Total multi-currency processing services revenue		8,634,232		7,681,765
Payment processing services revenue		5,050,281		4,451,005
Net revenue	$	13,684,513	$	12,132,770
Gross Profit:
APAC	$	3,793,504	$	4,006,712
The Americas		2,034,688		1,396,279
EMEA		2,065,618		1,666,004
Total multi-currency processing services gross profit		7,893,810		7,068,995
Payment processing services gross profit		2,359,057		1,862,800
Total reportable segment gross profit		10,252,867		8,931,795
Corporate allocated cost of sales		2,760,246		2,625,169
Total gross profit	$	7,492,621	$	6,306,626
Income from operations before provision for income taxes:
Total gross profit	$	7,492,621	$	6,306,626
Selling, general and administrative expenses		5,480,714		4,470,400
Income from operations		2,011,907		1,836,226
Interest expense		(14,676)		(14,613)
Interest income		424		426
Total other expense, net		(14,252)		(14,187)
Income from operations before provision for income taxes	$	1,997,655	$	1,822,039

Schedule of concentration of revenue by customer by geographical region

	Three Months Ended
	March 31,
	2016		2015
Multi-currency processing services revenue:
APAC:
Customer A	59	%	60	%
The Americas:
Customer D	27		15
Customer E	*		14
Customer F	10		18
EMEA:
Customer C	63		62
Customer H	35		37

(*)Less than 10% revenue concentration.