I wanted to take this opportunity to provide you with a quick update on our recent activities in the Philippines.
During the last week of May, your Non-Executive Director Neal Cross, Chief Technical and Product Officer Ben Fogarty and I presented at the 2024 General Assembly and Co-Op Leaders Congress of our strategic partner, MASS-SPECC.
Peppermint received some exciting news overnight – that we can progress to Stage 3 of our Electronic Money Issuer (EMI) licence application process. The Company had requested, via our Stage 2 EMI application process, a ‘Letter of No Objection’ from the Central Bank of the Philippines (BSP) to register with the Securities and Exchange Commission…
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Peppermint Innovation (PIL) has signed a cash deposit acceptance agreement with electronic payment provider Electronic Commerce payments (ECPay). ECPay is the Philippines biggest third-party electronic payment provider with more than 13,000 partner outlets and stores including 7-Eleven, NCCC Supermarkets and Global Access. Under Peppermint’s bizmoto brand, ECPay’s partner outlets will be able to instantly top-up…
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Peppermint Bizmoto has signed an incredibly significant agreement with the Philippines’ largest regional cooperative federation – MASS-SPECC Cooperative Development Center – for its 1.6 million members to use Bizmoto’s Electronic Money Issuer (EMI) financial services. The agreement will allow MASS-SPECC members/users to be able to access Bizmoto’s EMI financial services, such as transferring money from…