understand. A large part of WC was in the business of the high risk merchant acquiring which is not what emls does, so yes a bit different. However I would like to flesh out why Eml only does business in ‘western economiies’ such as North American / Europe / Australian (small exposure to Middle East and NZ) - it may be because of the transparency / legal system / governance or something along those lines - this might be a compliance consideration I’m referring to. The $2b in fake accounts for WC was in Malaysia (I think) and they also goT involved in some strange acquisitions in India, high risk regions
Ann: Advance Notice - EML FY20 Annual Results Presentation, page-16
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