Affretage: wrong on all counts. AP isn't losing clients to NJ; it isn't buying business in by paying others exit payments. It isn't desperate. France is still profitable today and AP are just extending their UK JetCard product into Europe as planned last year.
As for 'bigger brokers and bigger fees', in case you haven't noticed it is a competitive world out there and no one can afford to be over-priced. Did you get muddled that AP France grew again last year and its biggest rival closed down last month? It's great to start rumours, but the facts are still the facts and they don't change.