XML 22 R11.htm IDEA: XBRL DOCUMENT v3.23.2
Revenue
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue

3. Revenue

Disaggregation of revenue

 

The Company’s revenue is from two types of relationships: (i) direct relationships and (ii) indirect relationships. The following table presents the Company’s revenue disaggregated by segment and by the type of relationship for the periods indicated.

 

 

 

Three Months Ended June 30, 2023

 

($ in thousands)

 

Consumer Payments

 

 

Business Payments

 

 

Elimination of intersegment revenues

 

 

Total

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

Direct relationships

 

$

62,899

 

 

$

9,530

 

 

$

(3,970

)

 

$

68,459

 

Indirect relationships

 

 

3,025

 

 

 

299

 

 

 

 

 

 

3,324

 

Total Revenue

 

$

65,924

 

 

$

9,829

 

 

$

(3,970

)

 

$

71,783

 

 

 

Three Months Ended June 30, 2022

 

($ in thousands)

 

Consumer Payments

 

 

Business Payments

 

 

Elimination of intersegment revenues

 

 

Total

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

Direct relationships

 

$

56,504

 

 

$

9,674

 

 

$

(2,332

)

 

$

63,846

 

Indirect relationships

 

 

3,329

 

 

 

260

 

 

 

 

 

 

3,589

 

Total Revenue

 

$

59,833

 

 

$

9,934

 

 

$

(2,332

)

 

$

67,435

 

 

 

Six Months Ended June 30, 2023

 

($ in thousands)

 

Consumer Payments

 

 

Business Payments

 

 

Elimination of intersegment revenues

 

 

Total

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

Direct relationships

 

$

129,373

 

 

$

17,964

 

 

$

(8,048

)

 

$

139,288

 

Indirect relationships

 

 

6,492

 

 

 

539

 

 

 

 

 

 

7,032

 

Total Revenue

 

$

135,865

 

 

$

18,503

 

 

$

(8,048

)

 

$

146,320

 

 

 

Six Months Ended June 30, 2022

 

($ in thousands)

 

Consumer Payments

 

 

Business Payments

 

 

Elimination of intersegment revenues

 

 

Total

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

Direct relationships

 

$

113,940

 

 

$

18,284

 

 

$

(4,741

)

 

$

127,483

 

Indirect relationships

 

 

6,974

 

 

 

542

 

 

 

 

 

 

7,516

 

Total Revenue

 

$

120,914

 

 

$

18,826

 

 

$

(4,741

)

 

$

134,999