Spot on @tradealot, that's a big tick once successfully delivered. Thanks for the link on the remittance costs. Whilst this stream is a high volume - low margin game, I doubt ISX will want to compete at the lower end of the market. E.g. TransferWise rates below, avg about 0.3% to 0.63% Vs banks AVG from 1.5% to 4% (or more). I suspect ISX's sweet spot might be somewhere at the 2% to 3% mark. What's exciting to me however is no of flykk users, which will grow exponentially...opening up a ready stream of buyers for ISX's merchants in turn making ISX services all the more stickier (essential).
Great times ahead!
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Spot on @tradealot, that's a big tick once successfully...
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