News and Announcements
Peppermint Signs Agreement with Largest Bill payment Business in the Philippines
- Published July 18, 2016 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
18th July 016, ASX Announcement
Highlights
- Peppermint will be the first to provide a mobile application to CIS BAYAD CENTER, INC- the largest bill payment business in the Philippines.
- Peppermint will work with the BAYAD CENTER (connected more than 200 billers) to provide its proprietary mobile application called the “Peppermint Payments Collection Solution”.
Peppermint Innovation Limited (ASX:PIL), an Australian mobile banking, payments and remittance technology platform focused on providing vital access to banking services for millions of people not currently linked to traditional banks, is pleased to announce that it has now signed a commercial agreement with CIS BAYAD CENTER, INC. (“CBCI”).
CBCI is a wholly owned subsidiary of MERLCO (Manilia Electric Co.), and the CIS Bayad Canter business model (the first of its kind in the Philippines) is now the leading brand in the country. Bayad Center provides the public with a worry-free payment collection in utilities, government service, telecommunications, cable TV, Internet, insurance & pre-need, healthcare, transportation, electronic wallet, credit card, real estate, financial services, art and entertainment and charity donations.
To view the full announcement, please click on the button below.
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