DOU Android is still in beta in USA. Iphone release coming this...

DOU Android is still in beta in USA. Iphone release coming this month.

Beta version for android operates on 5G and has greater functionailty.

Its developing a split payments system very much like Afterpay, but with options to split 4, 8 and 12 payments. (No merchant fees and no need to be signed up to afterpay or splitit or Zip etc.)

Also does phone to phone payments so can transfer between two phones. Transfer is immediate That is a gamechanger. Paypal requires a card reader and also "quarrantines your cash" for 10 days. Small shops can just use this and not a card reader. Also can deposit cash through stores not banks.

Can pay to an account with a credit card through encrypted reader. (5G on android provides highest security so some functions wont be on Apple till 5G is seamless)

Also provides accounting software to track transfers for account keeping and invoicing like MYOB & Xero.

I like this stock and will hold for enough time to see it have a period of development and take up in The States and UK/Europe and Australia.

It can do everything Afterpay, Pal-Pal and Apple Pay does Now and with MYOB functionality.

Even if this is not THE app that makes it to the heights of Afterpay and Xero it will shake the tree for these bigger guys and could even be a takeover target.

Current Market cap of $150m looks small again APT @ $28B and XERO at $16B

Can't wait for widespread use in Aus.

GLTAH & DYOR


not advice