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Settlement Assets and Customer/Subscriber Account Balances and Related Obligations (Tables) | 3 Months Ended
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Mar. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Settlement Assets | The Company's consolidated settlement assets and customer/subscriber account balances and settlement and customer/subscriber account obligations were as follows:
(in thousands) | March 31, 2024 |  | December 31, 2023
Settlement Assets, net of estimated losses(1): |  |  |
Card settlements due from merchants | $ | 881 |  |  | $ | 2,705 |
Card settlements due from networks | 6,338 |  |  | 8,185 |
Other settlement assets | 737 |  |  | 889 |
Customer/subscriber account balances |  |  |
Cash and cash equivalents | 744,634 |  |  | 744,696 |
Total settlement assets and customer/subscriber account balances | $ | 752,590 |  |  | $ | 756,475 |
Settlement and Customer/Subscriber Account Obligations: |  |  |
Customer account obligations | $ | 703,212 |  |  | $ | 710,775 |
Subscriber account obligations | 41,422 |  |  | 33,921 |
Total customer/subscriber account obligations | 744,634 |  |  | 744,696 |
Due to customers' payees(2) | 9,216 |  |  | 11,058 |
Total settlement and customer/subscriber account obligations | $ | 753,850 |  |  | $ | 755,754 |
(1)Allowance for estimated losses was $9.2 million and $6.6 million as of March 31, 2024 and December 31, 2023, respectively (2)Card settlements due from networks includes $6.3 million and $8.2 million as of March 31, 2024 and December 31, 2023, respectively, related assets and remainder are included in restricted cash on our Unaudited Consolidated Balance Sheets.
Settlement Obligations | The Company's consolidated settlement assets and customer/subscriber account balances and settlement and customer/subscriber account obligations were as follows:
(in thousands) | March 31, 2024 |  | December 31, 2023
Settlement Assets, net of estimated losses(1): |  |  |
Card settlements due from merchants | $ | 881 |  |  | $ | 2,705 |
Card settlements due from networks | 6,338 |  |  | 8,185 |
Other settlement assets | 737 |  |  | 889 |
Customer/subscriber account balances |  |  |
Cash and cash equivalents | 744,634 |  |  | 744,696 |
Total settlement assets and customer/subscriber account balances | $ | 752,590 |  |  | $ | 756,475 |
Settlement and Customer/Subscriber Account Obligations: |  |  |
Customer account obligations | $ | 703,212 |  |  | $ | 710,775 |
Subscriber account obligations | 41,422 |  |  | 33,921 |
Total customer/subscriber account obligations | 744,634 |  |  | 744,696 |
Due to customers' payees(2) | 9,216 |  |  | 11,058 |
Total settlement and customer/subscriber account obligations | $ | 753,850 |  |  | $ | 755,754 |
(1)Allowance for estimated losses was $9.2 million and $6.6 million as of March 31, 2024 and December 31, 2023, respectively (2)Card settlements due from networks includes $6.3 million and $8.2 million as of March 31, 2024 and December 31, 2023, respectively, related assets and remainder are included in restricted cash on our Unaudited Consolidated Balance Sheets.

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