The problem with pre-paid scards or a similar system that was previously referred to as stored value is that by providing this cash only option the issuer cannot leverage. No incentive for the holder to accrue loyalty points as there is no option. Sure it is great for illegals-be interested how many we have in this country-but it is not what I want to hear.
As for the past relationship with ANZ ERG shelved the finer points of MASS many moons ago(due to cost) and it is therefor hard to see any direct contribution ERG would have regarding common access. It is really not in ERG's interests but indirectly ERG most certainly would have a role given that the AFC's terminals will no doubt be used by scard holders of various brands with multiple applications. ERG will act as a conduit.
But it remains conjecture at this stage. As for KYC what is there not to like?
cheers,
walt.
The problem with pre-paid scards or a similar system that was...
Add ERG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.268M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 245000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 65045 | 1 |
View Market Depth
| Last trade - 10.02am 18/09/2024 (20 minute delay) ? |
| ERG (ASX) Chart |
Day chart unavailable