Source;
– 10K – https://t.co/oPS6bCKtxb
– https://t.co/Yxr3VblLsP.— Abhay 🇸🇬🇮🇳 (@Abhay08)
Mar 27, 2024
Category: Payments
Costco’s Revenue from membership fees is a whooping $4.5B
– All membership discounts inclusive, it enjoys 10.6% gross margin on commodity goods
– membership fees constitute 72% of the company’s profits!!
– member renewal rate ~90%— Abhay 🇸🇬🇮🇳 (@Abhay08)
Mar 27, 2024
Can Anyone Win BaaS? – Excellent read https://t.co/mK4RlRD48V
— Abhay 🇸🇬🇮🇳 (@Abhay08)
Mar 7, 2024
As a payment enthusiast, I’ve been researching the ins and outs of building a digital wallet that stands out in a crowded market. One thing that’s become clear is that payments themselves are a commodity – everyone wants to offer them, and they’re an essential part of any business transaction. However, the real value lies in what you can build on top of those payments.