Hi Dynamo77,
My thoughts on this is that the company wants to get as many users to download the app as possible. If you think about it, if a user is prepared to download airpocket to transfer funds into a relatives phone account they are also going to use the app for direct remittance in a very valuable remittance corridor.
The cost to the user (making an assumption here) is the same to transfer money into a phone account as it is to their direct account. We just get access to a very large user base.
DigitalX will receive an 11% commission, alongside standard rate fees, on the value of transfers that will range between US$2 and US$70.
Hopefully the phone company bear some of the marketing cost of airpocket to their users then it really would be a win for us imo.
This appears to be a very low cost per user acquisition strategy. Hopefully it works!
- Forums
- ASX - By Stock
- DCC
- May Newsletter
May Newsletter, page-8
-
-
- There are more pages in this discussion • 211 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DCC (ASX) to my watchlist
|
|||||
Last
4.3¢ |
Change
0.001(2.38%) |
Mkt cap ! $37.25M |
Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 4.3¢ | $10.51K | 239.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 205034 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 11363 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 205034 | 0.043 |
4 | 160500 | 0.042 |
7 | 489535 | 0.041 |
7 | 412500 | 0.040 |
4 | 310641 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 11363 | 1 |
0.045 | 206573 | 4 |
0.046 | 200000 | 1 |
0.047 | 13544 | 1 |
0.049 | 120918 | 2 |
Last trade - 10.23am 16/08/2024 (20 minute delay) ? |
Featured News
DCC (ASX) Chart |