SMP 0.69% $1.46 smartpay holdings limited

My pick is that while acquiring services being rolled out...

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    My pick is that while acquiring services being rolled out generate more revenues for them it is also going to have some signifcant costs (people in sales and support plus compliance etc).
    Australia has forced merchant service fees down between the time they started to move into this and now so profitability will be lower than expected, and my guess is there is further margin pressure to come.
 
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