RE: This really is going to be huge....2 Aug 2017 08:18
@Phirpo. Here's some information from 2016 regarding our customers and also competitors
Customers...
Mi-Pay’s customers fall into three groups:
1. Tier 1 Mobile Network Operators (MNO) such as Vodafone, O2 and Three as well Mobile Virtual Network Operators (MVNO) such as Tesco Mobile and Mobile by Sainsbury
Payment and technology companies – including Chase Paymentech, PayPal and Direct Debit
Market Partners - including Microsoft and PCI.
Competition...
The competition is primarily from the operators themselves in Europe where they insource the whole management of payments therefore working directly with the ‘acquirers’ such as Worldpay (WPG) / Adeyn etc.... but this is not a managed service and the operator incurs all the risk. Limited competition in Asia although this is more about the operators taking the plunge into on-line world. Thus the biggest competitive challenge is the outsource vs. the insource. Vesta are the closest global competitor. They originate from the US but Mi-Pay only comes up against them in Europe where the outsource model is delivered.