Aditya Tulsian
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then, you know, you also have to pay.
We also enable with payment gateways and some of the other payment options.
And then you pay for every transaction.
our average customer ends up paying somewhere around about, or the overall realization is anywhere between, you know, $185 to $195.
The transaction fee comes to somewhere around about 2% of every transaction that is done on the platform.
So on average, they end up doing anywhere between, you know, some about 5,000 to 7,500 US dollars every year on an average.
And so we get a 2% of that.
I'm sorry, I'll just say that it's 5,000 to 7,500 US dollars worth of transactions on the platform.
But what happens is if you are invoicing to a large customer, it does not go through the payment gateways, right?
So then the invoicing that really gets discounted are actually of a much higher value.
No, so then there's no transaction fee because those fees have been paid directly from one bank to the other.
So we really don't come to the picture.
I was 34 when I made the jump.
I have a family.
I have no kids so far.
So actually, just before actually quitting, I and my wife had started off a design agency.
And, you know, it had been in existence for two and a half years and it has been very well.
So I knew that at one level, my wife has already settled and there was some money coming to the bank.
So that kind of security was already there.
Uh, I said, we don't have kids.