[matthewrudy]

I think stripe is the perfect example of GMV. A clear distinction between the transaction volume they handle and the revenue they take from that volume.

There are more confusing examples though.

If Uber accepted cash payments, and the driver post paid just the commission, would the whole trip cost be GMV or just the commission?

eg Regular Uber:

Ride Cost: $20.00 GMV (goes through ubers payment system)

Commission: $4.00 revenue

Credit card fees: $0.60 expense

Cash Uber

Ride Cost: $20.00 (Uber never handles this)

Commission: $4.00 revenue

Credit card fees: n/a

Edit: formatting

[rahimnathwani]

For a marketplace, GMV is GMV regardless of how the funds flow. eBay and PayPal are separate. eBay still has GMV, and this number is useful to investors.