Payment solutions is a growing business segment for NeraTel. The segment generates consistent, recurrent income and could see it become the company’s “crown jewel” in the near future.
One worry among investors though is the introduction of Apple Pay and how it may affect NeraTel’s payment solutions business in the near future. With that in mind, I decided to attend NeraTel’s AGM this year to find out more about this possible disruption and whether it could hurt their payment solutions business.
So here are…
7 Quick Things I Learned From NeraTel’s AGM 2015:
- The payment solutions segment has lower gross margins compared to NeraTel’s other business segments. Because of this, the company’s overall gross margins decreased due to an increase in proportion in revenue from the payment solutions segment. The good news, however, is this revenue is highly recurring.
- NeraTel’s payment solutions segment has to grow through volume. The ticket ...
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