That come 1st Aug, there are only 2 companies on the planet (currently) that will be able to legally process online payments in the EU...
I believe people think iSignThis is a digital document approval platform? Maybe it's the 'Sign' in the name...
As Quanta mentioned, ANY online retailer can integrate ISX into their payment gateway.
Pretty simple really... All e-commerce businesses in the EU can go with PayPal (many already have this)... but takes 3-5 days for people to sign up to... or they can go with ISX which takes 5 minutes.
I'd be very surprised if ISX uptake wasn't strong.
And the obvious approach would be to grab as much share from online retailers who currently don't have PayPal or an authentication service which doesn't comply with the new law.
I'd put money down on any company that has a first to market advantage right in the middle of regulatory change.
There's risks here. No doubt. But wow it's worth a punt.
$3.4m yesterday also agrees.
ISX Price at posting:
15.5¢ Sentiment: None Disclosure: Held
