PIL 5.88% 0.9¢ peppermint innovation limited

Peppermint Innovation (ASX:PIL) expands payments footprint in Phillipines

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    • Peppermint Innovation (PIL) has penned a new deal with G-Exchange
    • The agreement enables GCash mobile wallet users in the Phillipines to pay for goods and services from Peppermint's bizmoto platform using their GCash wallet
    • PIL says the deal has the potential to expose bizmoto to more than 40 million registered GCash usersbizmoto merchants, agents and riders can also accept GCash payments
    • CEO Chris Kain says the company is developing the app to incorporate seamless delivery of goods and services via bizmoGo riders
    • Following the latest deal, Peppermint is expecting to roll out the first phase of the facility in the third quarter of this year
    • Shares were trading at 2 cents each at market close on May 19

    To read the full article on The Market Herald click here.
 
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