PIL are putting major focus on getting the network capacity...

PIL are putting major focus on getting the network capacity right. These deals that bring cash-in facilities throughout the entire Philippines, the payment gateway arrangements and the agreement with TurnkeyLender etc are putting in place a capacity to handle an enormous imminent uplift in transaction volume.

They're doing that because the rapid growth in registered agents and revenue in 2H 2019 and now the eight-fold increase in transaction volume by agents in the bizmopay pilot has shown them the future. The Philippines is ready as never before for PIL's offering. Their business is on the verge of enormous vertical growth and we can be confident that all the building blocks needed to handle the coming volume of transactions are in place.