Revenues (Tables)

9 Months Ended

Sep. 30, 2026

Revenue from Contract with Customer [Abstract]

The following tables disaggregate the Company’s consolidated revenues, substantially all of which relate to services transferred to the customer over time:


	Three Months Ended September 30, 2026
(in millions)	Mobility		Benefits		Corporate Payments		Total
Topic 606 revenues
Payment processing revenue	$	205.4	$	25.8	$	113.6	$	344.8
Account servicing revenue	11.4		110.2		19.4		141.0
Other revenue	25.8		11.8		0.1		37.7
Total Topic 606 revenues	$	242.6	$	147.8	$	133.1	$	523.5





Non-Topic 606 revenues	192.5		59.8		4.4		256.6

Total revenues	$	435.1	$	207.6	$	137.4	$	780.1


	Three Months Ended September 30, 2025
(in millions)	Mobility		Benefits		Corporate Payments		Total
Topic 606 revenues
Payment processing revenue	$	168.2	$	23.8	$	109.7	$	301.7
Account servicing revenue	11.1		113.3		18.3		142.7
Other revenue	25.7		11.5		0.1		37.2
Total Topic 606 revenues	$	204.9	$	148.6	$	128.1	$	481.6





Non-Topic 606 revenues	155.9		49.6		4.7		210.2

Total revenues	$	360.8	$	198.1	$	132.8	$	691.8



	Nine Months Ended September 30, 2026
(In millions)	Mobility		Benefits		Corporate Payments		Total
Topic 606 revenues
Payment processing revenue	$	573.0	$	88.3	$	312.1	$	973.4
Account servicing revenue	34.4		332.1		50.8		417.2
Other revenue	73.1		35.1		0.2		108.4
Total Topic 606 revenues	$	680.4	$	455.5	$	363.1	$	1,499.0
Non-Topic 606 revenues	521.7		174.3		12.5		708.4
Total revenues	$	1,202.1	$	629.8	$	375.6	$	2,207.5



	Nine Months Ended September 30, 2025
(In millions)	Mobility		Benefits		Corporate Payments		Total
Topic 606 revenues
Payment processing revenue	$	484.9	$	80.8	$	293.1	$	858.8
Account servicing revenue	31.8		339.7		47.0		418.5
Other revenue	75.4		27.6		0.1		103.1
Total Topic 606 revenues	$	592.1	$	448.0	$	340.3	$	1,380.3
Non-Topic 606 revenues	448.8		144.5		14.3		607.6
Total revenues	$	1,040.8	$	592.5	$	354.5	$	1,987.9

Schedule of Contract with Customer, Asset and Liability

The following table provides information about these contract balances:


(in millions)
Contract balance	Location on the condensed consolidated balance sheets	September 30, 2026		December 31, 2025
Receivables	Accounts receivable, net	$	61.1	$	57.1
Contract assets	Prepaid expenses and other current assets	26.9		17.6
Contract assets	Other assets	34.1		36.2
Contract liabilities	Accrued expenses and other current liabilities	28.2		26.7
Contract liabilities	Other liabilities	48.9		64.8

Schedule of Remaining Performance Obligations

The following table includes revenue expected to be recognized by year related to remaining performance obligations as of September 30, 2026.


(in millions)	Remaining 2026		2027		2028		2029		2030		Thereafter		Total
Minimum monthly fees1	$	17.0	$	40.7	$	18.5	$	7.5	$	3.0	$	0.2	$	86.8
Other2	14.3		30.3		29.2		29.8		8.6		7.2		119.4
Total remaining performance obligations	$	31.3	$	71.0	$	47.7	$	37.2	$	11.7	$	7.4	$	206.2

(1)The transaction price allocated to the remaining performance obligations represents the minimum monthly fees on certain service contracts, which contain substantive termination penalties that require the counterparty to pay the Company for the aggregate remaining minimum monthly fees upon an early termination for convenience. These obligations will be recognized within account servicing revenue.

(2)Substantially represents deferred revenue and contractual minimums associated with payment processing service obligations. Consideration associated with certain relationships is variable and the measurement and estimation of contract consideration is contingent upon payment processing volumes and maintaining volume shares, among others.