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Pay vs Performance Disclosure - USD ($)
 2 Months Ended 10 Months Ended 12 Months Ended
Dec. 31, 2022
Nov. 07, 2022
Dec. 31, 2020
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure                
Pay vs Performance Disclosure, Table      
Pay Versus Performance Disclosure
 
 
 
Pay Versus Performance
             
Value of Initial Fixed $100
Investment Based On:
6
    
Year
(a)
Summary
Compensation
Table Total
for PEO 1
1,3
(b)
Compensation
Actually Paid
to PEO 1
1,4
(c)
Summary
Compensation
Table Total
for PEO 2
1,3
(d)
Compensation
Actually Paid
to PEO 2
1,4
(e)
Average
Summary
Compensation
Table Total
for
Non-PEO
NEOs
2,3
(f)
Average
Compensation
Actually Paid
to
Non-PEO
NEOs
2,5
(g)
Total
Shareholder
Return
(h)
Prior Peer
Group Total
Shareholder
Return
(S&P 400)
7

(i)
Peer Group
Total
Shareholder
Return
(S&P 600)
7
(j)
Net Income
(k)
Company-
Selected
Measure:
Gross
Revenue
8
(l)
                     
2024 
   $12,152,420     $26,172,236     -     -     $3,712,070     $6,772,841     $137     $164     $149     $203,118,000     $1,594,288,000  
                     
2023 
   $5,231,678     $8,594,753     -     -     $2,150,984     $3,352,988     $81     $144     $137     $121,509,000     $1,452,579,000  
                     
2022 
   $577,608     $799,949     $10,280,267     ($5,735,389)     $2,450,602     $790,615     $61     $123     $118     $142,177,000     $1,421,901,000  
                     
2021 
   -     -     $8,768,059     $2,003,203     $2,667,749     $1,273,508     $92     $142     $141     $127,791,000     $1,370,598,000  
2020 
   -     -     $7,001,341     $10,687,663     $2,241,571     $1,643,342     $101     $114     $111     $72,660,000     $1,294,322,000  
 
1.
The Company’s PEOs for the applicable years were as follows
 
  –
2024: Thomas W. Warsop III served as CEO from January 1, 2024, to December 31, 2024 (“PEO 1”).
  –
2023: Thomas W. Warsop III served as the Interim CEO from January 1, 2023, to May 31, 2023, and CEO from June 1, 2023, to December 31, 2023.
  –
2022: Odilon Almeida served as the CEO from January 1, 2022, to November 7, 2022 (“PEO 2”); Thomas W. Warsop III served as the Interim CEO from November 7, 2022, to December 31, 2022.
  –
2021: Odilon Almeida served as the CEO for the entirety of 2021.
  –
2020: Odilon Almeida served as the CEO from March 9, 2020, to December 31, 2020.
  –
2020: Note that Craig Saks is being reported as a
non-PEO
NEO for the entirety of 2020, even though he served as the interim CEO from January 1, 2020, until March 8, 2020. This is because the majority of his compensation earned reflects his time as a
non-PEO
NEO, and his compensation in the Summary Compensation Table was not divided between his time as CEO and as a
non-PEO
NEO. If Mr. Saks was disclosed as a PEO for the time he spent as interim CEO from January 1, 2020, until March 8, 2020, we estimate that his total compensation as reported in the summary compensation table would have been $85,385, and his compensation actually paid would have been -$119,010.
 
2.
The Company’s
non-PEO
NEOs for the applicable years were as follows:
 
  –
2024: Scott W. Behrens, Alessandro Silva, Deborah L. Guerra, and Abraham Kuruvilla
  –
2023: Scott W. Behrens, Alessandro Silva, Deborah L. Guerra, and Abraham Kuruvilla.
  –
2022: Scott W. Behrens, Ram K. Puppala, Alessandro Silva, Eve Aretakis, and Jeremy M. Wilmot.
  –
2021: Scott W. Behrens, Eve Aretakis, Dennis P. Byrnes, Jeremy M. Wilmot, and Ram K. Puppala.
  –
2020: Scott W. Behrens, Dennis P. Byrnes, Eve Aretakis, Jeremy M. Wilmot, and Craig Saks.
 
3.
Amounts reported in these columns represent (i) the total compensation reported in the Summary Compensation Table for the applicable year for the Company’s PEOs and (ii) the average of the total compensation reported in the Summary Compensation Table for the applicable year for the Company’s
non-PEO
NEOs.
4.
Amounts reported in these columns represent the “compensation actually paid” to the Company’s PEOs based on the total compensation reported in the Summary Compensation Table for each fiscal year, as adjusted in accordance with SEC rules. For 2024, PEO 1 total compensation reported in the Summary Compensation Table was adjusted as shown in the table below. For information on the calculation of “compensation actually paid” for 2020, 2021, 2022, and 2023 please see the “pay versus performance” disclosure in our 2023 and 2024 definitive proxy statements.
 
PEO 1
  
    
2024
  
   Summary Compensation Table - Total Compensation      $12,152,420  
-
    Grant Date Fair Value of Stock Awards and Option Awards Granted in Fiscal Year      ($10,228,643)  
+
    Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards and Option Awards Granted in Fiscal Year      $22,043,584  
+/-
    Change in Fair Value (from Prior
Year-End
to
Year-End)
of Outstanding and Unvested Stock Awards and Option Awards Granted in Prior Fiscal Years		      $2,093,851  
+
    Fair Value at Vesting of Stock Awards and Option Awards Granted in Fiscal Year That Vested During Fiscal Year      $0  
+/-
    Change in Fair Value (from Prior
Year-End
to Vesting Date) of Stock Awards and Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year		      $111,024  
-
    Fair Value as of Prior Fiscal Year End of Stock Awards and Option Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year      $0  
=
    Compensation Actually Paid      $26,172,236  
 
Equity Award Valuations
: Equity values are computed in accordance with FASB ASC 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
 
5.
Amounts reported in this column represent the “compensation actually paid” to the NEOs other than the PEO, based on the average “Total” compensation for such NEOs reported in the Summary Compensation Table for each fiscal year, as adjusted in accordance with SEC rules. For 2024, the
non-PEO
NEOs’ average total compensation reported in the Summary Compensation Table was adjusted as shown in the table below (with the numbers representing average amounts for the applicable
non-PEO
NEOs). See footnote 2 for the
non-PEO
NEOs included in the average for the 2024 fiscal year. For information on the calculation of “compensation actually paid” for 2020, 2021, 2022, and 2023 please see the “pay versus performance” disclosure in our 2023 and 2024 definitive proxy statements.
 
NEO Average
  
    
2024
  
   Summary Compensation Table - Total Compensation      $3,712,070  
-
    Grant Date Fair Value of Stock Awards and Option Awards Granted in Fiscal Year      ($2,587,219)  
+
    Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards and Option Awards Granted in Fiscal Year      $3,944,919  
+/-
    Change in Fair Value (from Prior
Year-End
to
Year-End)
of Outstanding and Unvested Stock Awards and Option Awards Granted in Prior Fiscal Years		      $1,405,104  
+
    Fair Value at Vesting of Stock Awards and Option Awards Granted in Fiscal Year That Vested During Fiscal Year      $341,789  
+/-
    Change in Fair Value (from Prior
Year-End
to Vesting Date) of Stock Awards and Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year		      $278,405  
-
    Fair Value as of Prior Fiscal Year End of Stock Awards and Option Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year      ($322,227)  
=
    Compensation Actually Paid      $6,772,841  
Equity Award Valuations
: Equity values are computed in accordance with FASB ASC 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
 
6.
Pursuant to rules of the SEC, the comparison assumes $100 was invested on December 31, 2019, in our common stock and the stock of the S&P MidCap 400 Index and S&P SmallCap 600 Index. Historic stock price performance is not necessarily indicative of future stock performance.
7.
The TSR Peer Group consists of the S&P SmallCap 600 Index, an independently prepared index. The S&P SmallCap 600 Index will replace the S&P MidCap 400 Index going forward, as the Company is now included in the S&P SmallCap 600 Index. The S&P MidCap 400 index has been included with data through 2024.
8.
For 2024, the Compensation Committee determined that Gross Revenue was viewed as a core driver of the Company’s performance and stockholder value creation and, accordingly, was utilized in our PSUs in fiscal year 2024. Prior to 2024, Revenue Net of Interchange was utilized as the company-selected measure. See Appendix A for more details.
       
Company Selected Measure Name       Gross Revenue        
Named Executive Officers, Footnote      
2.
The Company’s
non-PEO
NEOs for the applicable years were as follows:
 
  –
2024: Scott W. Behrens, Alessandro Silva, Deborah L. Guerra, and Abraham Kuruvilla
  –
2023: Scott W. Behrens, Alessandro Silva, Deborah L. Guerra, and Abraham Kuruvilla.
  –
2022: Scott W. Behrens, Ram K. Puppala, Alessandro Silva, Eve Aretakis, and Jeremy M. Wilmot.
  –
2021: Scott W. Behrens, Eve Aretakis, Dennis P. Byrnes, Jeremy M. Wilmot, and Ram K. Puppala.
  –
2020: Scott W. Behrens, Dennis P. Byrnes, Eve Aretakis, Jeremy M. Wilmot, and Craig Saks.
       
Peer Group Issuers, Footnote      
7.
The TSR Peer Group consists of the S&P SmallCap 600 Index, an independently prepared index. The S&P SmallCap 600 Index will replace the S&P MidCap 400 Index going forward, as the Company is now included in the S&P SmallCap 600 Index. The S&P MidCap 400 index has been included with data through 2024.
       
Adjustment To PEO Compensation, Footnote      
3.
Amounts reported in these columns represent (i) the total compensation reported in the Summary Compensation Table for the applicable year for the Company’s PEOs and (ii) the average of the total compensation reported in the Summary Compensation Table for the applicable year for the Company’s
non-PEO
NEOs.
4.
Amounts reported in these columns represent the “compensation actually paid” to the Company’s PEOs based on the total compensation reported in the Summary Compensation Table for each fiscal year, as adjusted in accordance with SEC rules. For 2024, PEO 1 total compensation reported in the Summary Compensation Table was adjusted as shown in the table below. For information on the calculation of “compensation actually paid” for 2020, 2021, 2022, and 2023 please see the “pay versus performance” disclosure in our 2023 and 2024 definitive proxy statements.
 
PEO 1
  
    
2024
  
   Summary Compensation Table - Total Compensation      $12,152,420  
-
    Grant Date Fair Value of Stock Awards and Option Awards Granted in Fiscal Year      ($10,228,643)  
+
    Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards and Option Awards Granted in Fiscal Year      $22,043,584  
+/-
    Change in Fair Value (from Prior
Year-End
to
Year-End)
of Outstanding and Unvested Stock Awards and Option Awards Granted in Prior Fiscal Years		      $2,093,851  
+
    Fair Value at Vesting of Stock Awards and Option Awards Granted in Fiscal Year That Vested During Fiscal Year      $0  
+/-
    Change in Fair Value (from Prior
Year-End
to Vesting Date) of Stock Awards and Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year		      $111,024  
-
    Fair Value as of Prior Fiscal Year End of Stock Awards and Option Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year      $0  
=
    Compensation Actually Paid      $26,172,236  
 
Equity Award Valuations
: Equity values are computed in accordance with FASB ASC 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
 
        
Non-PEO NEO Average Total Compensation Amount       $ 3,712,070 $ 2,150,984 $ 2,450,602 $ 2,667,749 $ 2,241,571
Non-PEO NEO Average Compensation Actually Paid Amount       $ 6,772,841 3,352,988 790,615 1,273,508 1,643,342
Adjustment to Non-PEO NEO Compensation Footnote      
5.
Amounts reported in this column represent the “compensation actually paid” to the NEOs other than the PEO, based on the average “Total” compensation for such NEOs reported in the Summary Compensation Table for each fiscal year, as adjusted in accordance with SEC rules. For 2024, the
non-PEO
NEOs’ average total compensation reported in the Summary Compensation Table was adjusted as shown in the table below (with the numbers representing average amounts for the applicable
non-PEO
NEOs). See footnote 2 for the
non-PEO
NEOs included in the average for the 2024 fiscal year. For information on the calculation of “compensation actually paid” for 2020, 2021, 2022, and 2023 please see the “pay versus performance” disclosure in our 2023 and 2024 definitive proxy statements.
 
NEO Average
  
    
2024
  
   Summary Compensation Table - Total Compensation      $3,712,070  
-
    Grant Date Fair Value of Stock Awards and Option Awards Granted in Fiscal Year      ($2,587,219)  
+
    Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards and Option Awards Granted in Fiscal Year      $3,944,919  
+/-
    Change in Fair Value (from Prior
Year-End
to
Year-End)
of Outstanding and Unvested Stock Awards and Option Awards Granted in Prior Fiscal Years		      $1,405,104  
+
    Fair Value at Vesting of Stock Awards and Option Awards Granted in Fiscal Year That Vested During Fiscal Year      $341,789  
+/-
    Change in Fair Value (from Prior
Year-End
to Vesting Date) of Stock Awards and Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year		      $278,405  
-
    Fair Value as of Prior Fiscal Year End of Stock Awards and Option Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year      ($322,227)  
=
    Compensation Actually Paid      $6,772,841  
Equity Award Valuations
: Equity values are computed in accordance with FASB ASC 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
 
        
Compensation Actually Paid vs. Total Shareholder Return      
 
        
Compensation Actually Paid vs. Net Income      

 
        
Total Shareholder Return Vs Peer Group      
 
        
Tabular List, Table      
Tabular List of Financial Performance Measures
The following is a list of financial performance measures, which in the Company’s assessment represent the most important financial performance measures used by the Company to link compensation actually paid to the NEOs for 2024 to company performance:
 
  •  
Adjusted EBITDA
 
  •  
Revenue Net of Interchange Growth
 
  •  
Net Adjusted EBITDA Margin
 
  •  
Gross Revenue
 
  •  
Relative Total Shareholder Return
       
Total Shareholder Return Amount       $ 137 81 61 92 101
Peer Group Total Shareholder Return Amount       149 137 118 141 111
Net Income (Loss)       $ 203,118,000 $ 121,509,000 $ 142,177,000 $ 127,791,000 $ 72,660,000
Company Selected Measure Amount       1,594,288,000 1,452,579,000 1,421,901,000 1,370,598,000 1,294,322,000
Prior Peer Group Total Shareholder Return       $ 164 $ 144 $ 123 $ 142 $ 114
Measure:: 1                
Pay vs Performance Disclosure                
Name       Adjusted EBITDA        
Measure:: 2                
Pay vs Performance Disclosure                
Compensation Actually Paid vs. Other Measure      

 
        
Name       Revenue Net of Interchange Growth        
Measure:: 3                
Pay vs Performance Disclosure                
Name       Net Adjusted EBITDA Margin        
Measure:: 4                
Pay vs Performance Disclosure                
Name       Gross Revenue        
Measure:: 5                
Pay vs Performance Disclosure                
Name       Relative Total Shareholder Return        
Odilon Almeida [Member]                
Pay vs Performance Disclosure                
PEO Total Compensation Amount       $ 0 0 10,280,267 8,768,059 7,001,341
PEO Actually Paid Compensation Amount       0 0 5,735,389 $ 2,003,203 10,687,663
PEO Name   Odilon Almeida Odilon Almeida       Odilon Almeida  
Thomas W. Warsop, III [Member]                
Pay vs Performance Disclosure                
PEO Total Compensation Amount       12,152,420 5,231,678 577,608 $ 0 0
PEO Actually Paid Compensation Amount       $ 26,172,236 $ 8,594,753 $ 799,949 $ 0 $ 0
PEO Name Thomas W. Warsop III     Thomas W. Warsop III Thomas W. Warsop III      
PEO | Thomas W. Warsop, III [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       $ (10,228,643)        
PEO | Thomas W. Warsop, III [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       22,043,584        
PEO | Thomas W. Warsop, III [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       2,093,851        
PEO | Thomas W. Warsop, III [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       0        
PEO | Thomas W. Warsop, III [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       111,024        
PEO | Thomas W. Warsop, III [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       0        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (2,587,219)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       3,944,919        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       1,405,104        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       341,789        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       278,405        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       $ (322,227)