News and Announcements
UnionBank Proposes User Increase from 50, 000 to 2, 500, 000 for Peppermint
- Published July 05, 2016 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
30th June 2016, ASX Announcement
Highlights:
- UnionBank to increase account holders registered on the UMobile mobile banking platform deployed with the Bank by Peppermint.
- Ramp up from 50,000 to 2,500,000 registered users on UMobile.
- Significant increase expected in monthly transactions across the platform.
Peppermint Innovation Limited (ASX: PIL) is pleased to advise UnionBank of the Philippines (“UnionBank”), which uses Peppermint’s platforms to offer mobile banking services to its account holders via the UMobile application, has proposed to significantly increase registered users across this platform.
UnionBank confirmed that it is intending to register a further 2.5 million account holders on UMobile application starting in July, under the batch enrolment feature of the app.
To view the full announcement, please click on the button below.
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