Revenue

3 Months Ended

Mar. 31, 2025

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 March 31, 2025
($ in thousands)	Consumer Payments		Business Payments		Elimination of intersegment revenues			Total
Revenue
Direct relationships	$	69,254	$	10,777	$	(5,605	)	$	74,426
Indirect relationships		2,688		211		—			2,899
Total Revenue	$	71,942	$	10,988	$	(5,605	)	$	77,325

	Three Months Ended March 31, 2024
($ in thousands)	Consumer Payments		Business Payments		Elimination of intersegment revenues			Total
Revenue
Direct relationships	$	73,311	$	9,471	$	(5,093	)	$	77,689
Indirect relationships		2,825		206		—			3,031
Total Revenue	$	76,136	$	9,677	$	(5,093	)	$	80,720

When the Company’s right to consideration for performance is contingent upon a future event or satisfaction of additional performance obligations, the amount of revenues the Company has recognized in excess of the amount the Company has billed to the client is recognized as a contract asset. The contract asset balance was $2.0 million and $1.7 million as of March 31, 2025 and December 31, 2024, respectively, and is included within Prepaid expenses and other in the Condensed Consolidated Balance Sheets.

During the three months ended March 31, 2025, the Company recorded deferred commissions of $2.5 million within Other assets in the Condensed Consolidated Balance Sheets. The amortization of deferred commissions is recorded within Selling, general and administrative in the Condensed Consolidated Statements of Operations.