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The latest announcement is out from Peppermint Innovation Limited ( (AU:PIL) ).
Peppermint Innovation Limited has made significant strides in scaling its digital wallet and payments operations in the Philippines, with key developments including the launch of InstaPay and QR Ph for real-time interoperability and the completion of PESONet testing. The company received a Merchant Acquisition Licence from the Bangko Sentral ng Pilipinas, allowing it to support merchants accepting digital payments. Additionally, Peppermint is transitioning its bizmoLoan business to an AI-driven lending model, aiming to offer smarter credit solutions. The company’s partnerships with ECPay and BTI Payments have expanded its network to over 12,000 touchpoints, enhancing user accessibility. These efforts position Peppermint as a key player in the rapidly growing digital payments market in Asia, with a focus on scalability and interoperability.
More about Peppermint Innovation Limited
Peppermint Innovation Limited operates in the financial technology industry, focusing on digital wallet and payments solutions. The company is primarily engaged in providing digital financial services in the Philippines, with a market focus on expanding cashless payment systems and leveraging technology to enhance financial accessibility.
Technical Sentiment Signal: Sell
Current Market Cap: A$11.29M
See more data about PIL stock on TipRanks’ Stock Analysis page.