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22/02/24
10:41
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Originally posted by Samswindle
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Well I thought the whole concept is to give those without consistent or any internet access a way to shop online, so advertising findipay merchants online might not make sense. I feel that as people enter these shopkeepers stores they will have a chance to see the kiosk or have it explained by the shopkeeper themselves. The owner is incentivised as there's a profit share of the fee that comes through. They did 5m in revenue last FY from memory (they referenced 10% of total income) so adding in all the new merchants fair to say it's working at least to some degree
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they all have access to the internet with smaartphones , but they dont have bank account/reliable ID's/credit ratings
so they buy something online and pay WITH CASH at a merchant, the merchant then transfers the money and the order goes thru
is my understanding