Tim Chiodo

Is it possible that over time, we will see the Affirm button within that chat and other AgenTic platforms

there's this question of who could be next, and often the answer is it's more the international opportunity

if you could talk a little bit about that CAC and just how much higher it might be for these clearly more attractive customers

maybe ChimeCore can enable a traditional credit card or other concerns or reasons why you would or would not want to offer

an industry topic that's coming up, which is the potential for AI to reduce that stickiness.

I was hoping you could give us a little context on, one, what was that full year number for '25

just a brief comment on any of the debit network pricing environment, just given it's been a little bit of an investor topic over the past week

Maybe we could dig into the margin expansion a little bit in terms of the moving parts

talk a little bit about some of the core banking efforts and outreach to some of the clients

I was hoping we could spend a few minutes on non-Clover SMB. So it's roughly 20% of total company revenue, roughly 40% of the Merchant segment

Last quarter, you called out some pricing actions within that subsegment, and I believe some of them related to the debit networks

we gather that with some of the wholesale ISOs or potentially bank partners, you're not able to access the full set of merchants to sell them Clover Capital

there's one that you've mentioned on a few of the past earnings calls around the increasing direct mix. And I was wondering if you could talk a little bit about how you expect direct mix to play a ...

I was hoping that you could talk a little bit about the Payfair acquisition and how that plays into that I gather that it brings on program management capabilities

If you could just go a little bit about over the past year, few years, how much investment has gone into the Genius product

you could talk a little bit about what is implied in your planning and in the guidance for the exit rate for both revenue growth and margin expansion

how you're thinking about them as a potential new competitor that might not have been a part of the thought process maybe 2 years ago

as we look at TAM expansion going to higher income consumers, maybe with better credit profiles

Can you talk about how the Klarna team sizes up the potential opportunity associated with the Apple Pay channel

There's been a few acquisitions and dispositions since you last gave the mix of Value-Added Services from this category.

I was hoping you could talk through what do you need to do that, right? Is it things like licenses, relationships with merchants and PSPs or acquirers

I want to talk a little bit about wins and migration in general, as it relates to unit economics

there's been a lot of incoming questions around the hedging strategy, I just thought maybe be a good opportunity to recap

I was hoping you could talk a little bit about how the conversations with large merchants and platforms are going.

1 area of the expense base that often comes up in investor discussions is the customer support line item

I was hoping you could give a little bit on the mix of paying for versus some of your longer-term pay monthly loans

there's that potential contractual agreement or kind of a promise of a prominent placement of the branded checkout button

I was hoping we could touch on. One is a little bit about the competitive landscape in those two markets specifically

Could you maybe talk a little bit about how that mix might have evolved, if at all? And if we were to expect a better period of discretionary spend

I was wondering if you could talk a little bit more about that, expand on shop campaigns in general and some of the mechanics around it and the monetization vehicle?

First is competitive differentiation, whether it's inventory functionality or location, or maybe you could expand upon that

I am hoping you could elaborate on those 2 topics, the strategy and then the bank size

expand upon the importance of these 2 programs for the payments ecosystem and what that data may mean to Visa

value-added services was about 20% of revenue, growing in the high teens. And now it's approaching 30% of revenue

some of the newer or faster growth use cases, one in particular that you mentioned earlier in the prepared remarks

I want to dig in a little bit more on the delta between nominal cross-border volumes and nominal international

I want to dig a little bit into the mix components of the cross-border business

you mentioned that SFS will start to take deposits, which could help with some of the funding

what are some of the big drivers once we get past the states expansion for Cash App Borrow

I want to talk about a new revenue stream. So Cash App Score recently was made available effectively as a service to other third-party lenders

I want to talk a little bit about the field sales teams and their productivity

I want to dig in a little bit more on Cash Card post-purchase BNPL

I want to talk a little bit about the Cash Card Afterpay functionality and some of the early results you're seeing there

I want to talk about 2025 Square GPV growth. When we think about the major building blocks or components