[Tech] Expected domestic sales and revenue

Hello! everyone! It’s a ReapChain! Today’s topic is the Expected domestic sales and revenue

- Calculated based on statistics on franchising business in 2020 announced by the Fair Trade Commission (Based on the total number of affiliated stores: ‘260,000 affiliates with 7,000 domestic service and restaurant brands)

-Among the total domestic franchisees in 2020, ‘bank + credit card + app card’ accounted for 28%

ReapPay sales formula

1) ReapPay fee per store (A) : Merchant average sales x Simple payment fee

2) Target number of stores (B) : Number of simple payment stores x Target market share

3) ReapPay Sales © : © = (A) x (B)

※ Calculation basis

1) Simple payment fee 0.5%

2) Average sales of franchisees in 2020 KRW 310 million

3) Conservatively, about KRW 310 million in average sales will be applied by 2026

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