Looks like Peppermints innovation long game plan will finally pay off
InstaPay integration could provide much-needed revenue for Peppermint Innovation Limited (PIL). The company has advanced its direct integration with BancNet, moving into the final pre-certification stage, with production deployment expected in early May 2025.
This development strengthens PIL’s financial network, allowing it to process real-time transactions and expand its digital finance capabilities. Additionally, PIL has signed MOUs with RCBC, Rizal Microbank, and RAFI Micro-Finance, which could further enhance its market position and revenue streams.
However, PIL’s revenue has faced challenges, with a 72% decline in revenue reported in its latest financial results. The successful deployment of InstaPay could help reverse this trend by increasing transaction volumes and financial inclusion.
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