[moyta]

That is really low, for context a teeny tiny ISO does $1 billion in processing volume a month, so your comparable to one of the hundreds of 2 to 4 employee ISOs out there.

[qwrusz]

Moyta: Where did you get that $1B per month figure? That seems very very high.

Cheers to the CEO of Shopify answering a question on Hacker News and on Black Friday - that is awesome!

[GordonS]

There are 2-4 employee companies processing $1B+ per month? Source please.

[leesalminen]

No written source to provide, but I know of a 2 person shop that provides merchant services (ISO) processing ~$400MM/month. Not $1B, but is certainly possible I suppose.

[kennywinker]

forgive my ignorance but in this context what does ISO stand for?

[moyta]

Independent Sales Organization [1], Shopify for example is partnered with Stripe who is an ISO. Neither push big volume so their platform costs are much higher than their competitors.

[1] - https://en.wikipedia.org/wiki/Merchant_account