Daily Price Movement / General Discussion, page-1119

applepay?

I think there are in total six non-bank EMI holders in the Phillipines.
Two are giving basic financial services like remittance, payments and eLoad.
(OmniPay and EasyPay)

Then there are Maya, Grab and GCash.
Those are closer to bizmoto as they tick more boxes like delivery, transport, merchants all with different focus on their offerings. That's the real competition.
I see Grab as the fastest growing one in the more densely populated suburban areas.

It is hard to predict how the market share will distribute in 2years and that holds a risk that institutional investors currently might not want to carry.

I see Neal Cross as someone who manages the product from a strategic perspective. He can not really speed things up.
But he definitely understands the needs of the non-banked far better than the CEO of Grab.

I am waiting for quarterly updates to see how the adoption of the platform even without the EMI develops. Especially loans and agents in remote areas.
If numbers go up, earnings and share price will go up.
EMI probably kicks in by mid/end 2023.