RE: Profit19 Jul 2019 11:49
Clarky260
I took that % from Tally - Your figure for £18K must be right too.
More anyone holds in Tally, they will fee lesser fee that would be the case.
Although where would Tally find so many customers who can hold £18 a month for a whole year. Most people have £18K as a balance on credit card as borrowed money and fewer have £18K on debit card as their own money. Tally requires people to put their own cash.
So, I see more potential in a million people putting £100 in Tally a month.
mw1969
I havent got it wrong, I just havent included everything else which just could happen.
(est) stood for Estimate. I dont think MasterCard will pay Tally anything - MasterCard is providing a service and not the other way around, the most we can get is discounted rate from any service provider including MasterCard.
Tally can much more money in many other ways which obviously cant be calculated yet because we dont have any deals to prove such a case.
Tally can take tons more than its own service (that's tally usage - which is what I shared - to be fair that's all we go with for now)
Insurance products would be ideal match for Tally customers and it will sell.
Other financial products and referrals will bring many more millions.
Many others I can tell you but until such thing exists, you cant even get an estimate.
*** As for Tally being non-profit company all of a sudden not-declared is a serious regulatory breach - lets leave it, discussion will get negative and less objective ***
Whatever everyone is trying to achieve = It all rests on our user base.
Once out of Beta Phase
Then
give Tally a proper Red Carpet Service, song, dance, pomp and circumstance.