BUSINESSOVERVIEW
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We operate one of Asia’s largest regional electronic payment networks consisting of 15,000 Points of Sale (“POS”) that can accept cash payments for pre-paid mobile, reload, bill payment and process debit and credit card transactions. Today, we generate most of our revenues from selling Mobile reload for 11 mobile operators in 3 countries.

e-pay Asia Limited (“EPY”) buys prepaid airtime directly from the mobile operators at a discount retail price and distribute it electronically to consumers via our network of authorised Channels. We have approximately 15,000 Channels selling our Products and Services and collectively we process more than 100 million reload transactions per year.

Our Channels consists mainly of major chains of convenience stores, mobile phone dealers, petrol stations and pharmacies. EPY’s Terminals look similar to many credit card readers and is similarly located at the check-out counters. We provide the Retail Agents with the Terminal, free of set up charges whilst the Channels pays for the telephone line rental and call charges associated with communicating with EPY’s network.

EPY’s business success is built not only on its reputation of delivering reliable technology solutions and services, but also our ability to develop and maintain long term mutually rewarding relationships with three important key groups – consumers, Channels and suppliers.

‧ Consumers

the individual using the prepaid mobile service. The majority of these prepaid mobile users do not have credit cards and want the ability to use cash to purchase prepaid airtime at convenient locations near their home at any time; EPY offer these consumers the flexibility of either cash or card payments options at established retail locations such as petrol stations and convenience stores which are open 24 hours every day of the year.

‧ Channels

the party, usually a retail outlet whom the payment is made to and where the electronic reload request is sent from. EPY adds value to the Channels’ business by providing them with a product that is in constant demand, attractive commissions that generates recurring revenues, and increased frequent customer traffic leading to increased sale of other products.

‧ Suppliers

the product owner are usually a mobile operator or a telephone company. The suppliers enjoy the benefits of being able to provide their customers with cash payment facilities at any of the EPY’s thousands of convenient locations, without the requirement of any significant investment on their part.