IMO Africa for MYEC represents an significant opportunity to capture the transaction volume of the "Unbanked." Mobile phones will in-effect be the brick and mortar banking services never available in many areas of African Continent.
The environment there should be conducive to a non-ACH approach/platform.
Weaker regulatory environment there reduces certain risks.
Opportunity to show and partner with a major International Bank that the platform can deliver.
Anywhere-Anytime Financial transactions.
Once capability is fully delivered--greater capacity and associated revenues will follow.
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