“Peppermint builds traction with micro-loan platform bizmoPay, as it pursues electronic issuer licence for its next phase of growth” – Article courtesy of Stockhead.
Peppermint Innovation’s MD Chris Kain recently spoke to Stockhead about the Company’s bizmoPay pilot program and where things were up to in relation to obtaining its Electronic Money Issuer (EMI) licence.
“In February, we told the market about our phase 2 objective, which was about the launch of bizmoPay,” he said
“We’ve done that and ticked that box, so now we’re moving into our phase 3 objective.
“An EMI licence provides the opportunity to facilitate any e-money transaction and service open-loop e-wallet accounts providing all Filipinos, not just bizmoto agents, with a convenient and secure way to receive digital money and services.”
Read the full Stockhead story here.