Trade and Other Payables are classified as current liabilities as their contractual due date is within one year or less, and their carrying value is representative of fair value due to their short–term nature.

Trade Payables represent obligations to transfer cash to merchants as a result of pay-in transactions processed or pay-out transactions to be processed upon request of the merchant. Accrued Liabilities represent amounts payable to legal and tax advisors and auditors. Other Payables represent the processors’ costs and general administrative expenses.