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Accounts Payable and Other Liabilities (Tables)
12 Months Ended
Dec. 31, 2023
Payables and Accruals [Abstract]  
Schedule of accounts payable and other liabilities

Accounts payable and other liabilities is comprised of the following balances:

 

 

 

As of December 31,

 

 

 

2023

 

 

2022

 

Accounts payable

 

$

49,670

 

 

$

45,974

 

Other payables (1)

 

 

21,008

 

 

 

24,544

 

Accrued liabilities (2)

 

 

67,751

 

 

 

91,691

 

Payroll liabilities

 

 

35,646

 

 

 

33,186

 

Provisions and contingent liabilities (3)

 

 

28,624

 

 

 

46,134

 

Total

 

$

202,699

 

 

$

241,529

 

 

(1)
Other payables mainly consist of sales tax and value added tax payable and other miscellaneous payables.
(2)
Accrued liabilities mainly consist of the provision for customer payments, a majority of which was paid during the year ended December 31, 2023 (See Note 19) and general accrued expenses and external interest payable.
(3)
Provisions and contingent liabilities mainly consist of uncertain tax positions (See Note 4), allowance for credit losses related to financial guarantees and merchant overdrafts (See Note 8), and provisions recognized for certain litigation claims (See Note 19).