v3.25.1
Residual Commission Buyouts
3 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Residual Commission Buyouts Residual Commission Buyouts
Residual commission buyouts represent transactions with certain third-party distribution partners, pursuant to which the Company acquires their ongoing merchant relationships that subscribe to the Company’s payments platform.
Residual commission buyouts, net consisted of the following:
Weighted Average
Amortization Period
(in years)
March 31, 2025
Gross Carrying ValueAccumulated AmortizationNet Carrying Value
Residual commission buyouts from asset acquisitions4$338.3 $(212.0)$126.3 
Residual commission buyouts from business combinations813.9 (4.3)9.6 
Total residual commission buyouts$352.2 $(216.3)$135.9 
Weighted Average
Amortization Period
(in years)
December 31, 2024
Gross Carrying ValueAccumulated AmortizationNet Carrying Value
Residual commission buyouts from asset acquisitions4$337.3 $(190.1)$147.2 
Residual commission buyouts from business combinations813.9 (3.9)10.0 
Total residual commission buyouts$351.2 $(194.0)$157.2