Perth fintech start-up, Peppermint Innovation, has appointed Philippines-based Metro Gas Sales as an agent to deliver technology solutions to unbanked Filipinos as its doorway to the Asian market.
Filipinos who are not operating a personal bank account will be on the target end of Peppermint Innovation’s partnership with Metro Gas Sales – a lucrative bid for entry into the Asian market by the fintech through the offering of its mobile bill payment technology.
Metro Gas Sales, which delivers LPG gas bottles to up to 20 customers a day, would see the each driver equipped with the mobile bill paying APP that is connected to a group of billers across the Philippines as an option for the unbanked to pay house hold bills using technology.
“This is an exciting development for Peppermint as we continue to look for additional applications of our proprietary technology,” said Peppermint managing director and chief executive, Chris Kain.
“We continue to discover more untapped networks, which could act as payment Agents using our purpose built Mobile Payments Platform.”
Peppermint and Metro Gas would split fees generated from the service, which Metro general manager, Dennis San Juan, said would be a financial plus for the Manila-based company.
“We’re looking forward to launching this new offering to our customers as quickly as possible,” he said.
“This agreement with Peppermint provides a valuable extension of Metro Gas’ services, providing our customers with a new benefit and the convenience of paying bills from their own homes.”